Achieving Sustainable Development Performance with State Banks dan Regional Development Banks Aditya Pratama Nandiwardhana
Universitas Mercu Buana
Abstract
Increasing human activity has caused a decreasing environmental quality. This condition will lead to a higher global warming impact. To overcome these negative impacts and improve sustainable living quality, the Indonesian government has a strategic initiative in the form of sustainable financing distribution. Apart from relying on government banks that have the ability to create financial stability, Indonesian government also relies on regional government banks that are capable to create regional financial stability. Referring to the strategy from the Indonesian government, this study will analyse the relationship between state bank financing and regional government banks with the SRI-Kehati sustainable development index. This research will utilize a specific econometric model with the Vector Error Correction model as an empirical assessment instrument. Finally, the econometric model based on non-stationary data behaviour implemented in this research is expected to be able to reveal the financing behaviour of state-owned banks and regional banks to be utilized as a solution afterwards.
