Research Article

The Green Credit Policy Impact on the Financial Performance of Commercial Banks: A Quasi-Natural Experiment from China

Table 2

Variable definition and description.

VariableSymbolDefinition

Explained variablePROFITThe natural logarithm of the total profit
Explanatory variableTREAT∗POSTThe interaction term of post and treat
POSTPOST = 1 (after 2016), otherwise POST = 0
TREATTREAT = 1 (treatment group), otherwise TREAT = 0 (control group)
Internal control variablesSIZEThe natural logarithm of total assets
NPLRNonperforming loan ratio
CARCapital adequacy ratio
CIRCost-income ratio
LDRLoan-deposit ratio
NIIRNet interest income/total income
External control variablesGRGDPThe annual growth rate of GDP
MPA measure of market position, as measured by the total ASSET/GDP