Chapter One — 1.1 Background to the Study

Green Banking Practices has increasingly attracted the attention of researchers, regulators, and practitioners concerned with share price performance of listed banks. This growing interest reflects the recognition that green banking practices does not operate in isolation, but interacts with a wider set of institutional and market conditions found within Ogun State.

Ogun State presents a useful setting for examining this relationship precisely because the conditions there — structural, regulatory, and behavioural — differ from those typically assumed in the broader literature, most of which draws on evidence from more developed economies.

1.2 Statement of the Problem

Despite a growing body of literature on green banking practices, there remains limited consensus on the precise nature of its relationship with share price performance of listed banks, particularly within Ogun State. Many organizations continue to make decisions about green banking practices without a clear, evidence-based understanding of how those decisions ultimately affect share price performance of listed banks. This gap between practice and empirical understanding is the central problem this study seeks to address.

1.3 Objectives of the Study

1. To examine the effect of Green Banking Practices on share price performance of listed banks in Ogun State.
2. To assess the extent to which green banking practices influences share price performance of listed banks within the study area.
3. To identify the challenges associated with green banking practices in relation to share price performance of listed banks.
4. To recommend strategies for optimizing green banking practices in order to improve share price performance of listed banks.

1.4 Research Questions

1. What is the effect of green banking practices on share price performance of listed banks in Ogun State?
2. To what extent does green banking practices influence share price performance of listed banks within the study area?
3. What challenges are associated with green banking practices in relation to share price performance of listed banks?
4. What strategies can be adopted to optimize green banking practices in order to improve share price performance of listed banks?

1.5 Significance of the Study

This study is significant to a range of stakeholders. For policymakers and regulators, the findings offer evidence to guide the design of frameworks that support healthier outcomes around share price performance of listed banks. For managers and practitioners within Ogun State, the study provides practical insight into how green banking practices can be better managed. Finally, it contributes to the academic literature on finance / banking by extending existing knowledge into a specific empirical context, and offers a reference point for future researchers.

1.6 Scope of the Study

In terms of scope, this study confines itself to Ogun State, focusing specifically on how green banking practices relates to share price performance of listed banks within that setting. Findings are interpreted within these boundaries rather than as universal claims applicable to every organization or market.