<?xml version="1.0" encoding="UTF-8"?><xml><records><record><source-app name="Biblio" version="7.x">Drupal-Biblio</source-app><ref-type>17</ref-type><contributors><authors><author><style face="normal" font="default" size="100%">Weber, Olaf</style></author><author><style face="normal" font="default" size="100%">Scholz, Roland W.</style></author><author><style face="normal" font="default" size="100%">Michalik, Georg</style></author></authors></contributors><titles><title><style face="normal" font="default" size="100%">Incorporating sustainability criteria into credit risk management</style></title><secondary-title><style face="normal" font="default" size="100%">Business Strategy and the EnvironmentBusiness Strategy and the Environment</style></secondary-title></titles><dates><year><style  face="normal" font="default" size="100%">2010</style></year></dates><number><style face="normal" font="default" size="100%">1</style></number><volume><style face="normal" font="default" size="100%">19</style></volume><pages><style face="normal" font="default" size="100%">39-50</style></pages><language><style face="normal" font="default" size="100%">eng</style></language><abstract><style face="normal" font="default" size="100%">Does a commercial debtor’s economic, environmental and social performance in terms of&lt;br/&gt;sustainability affect its credit risk rating? Does adding criteria aimed at assessing a lender’s&lt;br/&gt;environmental, social or sustainability practices provide added value to traditional fi nancial&lt;br/&gt;rating criteria? Many analyses have reported that a correlation exists between companies’&lt;br/&gt;environmental and their financial performance. We checked out the assertion that it ‘pays&lt;br/&gt;to be sustainable’ by analyzing the role that criteria pertaining to sustainability and environmental&lt;br/&gt;orientation play in the commercial credit risk management process. Our results&lt;br/&gt;show that sustainability criteria can be used to predict the financial performance of a debtor&lt;br/&gt;and improve the predictive validity of the credit rating process. We conclude that the&lt;br/&gt;sustainability a firm demonstrates influences its creditworthiness as part of its financial&lt;br/&gt;performance.</style></abstract></record></records></xml>