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Corporate Social Responsibility Impact on Financial Performance of Bank’s: Evidence from Asian Countries

Author

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  • Muhammad Ashraf
  • Bushra Khan
  • Rabia Tariq

Abstract

The basic aim of this research is to investigate the effect of corporate social responsibility(CSR) on financial performance of banks in various Asian countries. The data are collected to analyze the performance of banks from respective bank’s annual reports for used variables because study is quantitative in nature. Further for analysis purpose, E-views used to apply correlation and regression on data to check the corporate social responsibility (CSR) impact on bank’s performance. The study results explain that Corporate Social Responsibility (CSR) shows positive and significant impact on financial performance of banks. This indicates that banks are paying intention in corporate social responsibility (CSR) and even bank’s customers are playing similar role in bank’s practices. The study findings confirmed the link of Corporate Social Responsibility (CSR) and financial performance of banks. The study is limited in selection of sample size from all Asian countries in terms of banks and period. The data can be collected of additional banks from other countries for further research. The main contribution of this study is addition in value to the existing literature by exploring corporate social responsibility activates and bank’s financial performance and also increase the bank’s efficiency.

Suggested Citation

  • Muhammad Ashraf & Bushra Khan & Rabia Tariq, 2017. "Corporate Social Responsibility Impact on Financial Performance of Bank’s: Evidence from Asian Countries," International Journal of Academic Research in Business and Social Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Business and Social Sciences, vol. 7(4), pages 618-632, April.
  • Handle: RePEc:hur:ijarbs:v:7:y:2017:i:4:p:618-632
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    Cited by:

    1. repec:thr:techub:v:2:y:2021:i:1:p:13-29 is not listed on IDEAS
    2. Ana Belen Tulcanaza-Prieto & HoKyun Shin & Younghwan Lee & Chang Won Lee, 2020. "Relationship among CSR Initiatives and Financial and Non-Financial Corporate Performance in the Ecuadorian Banking Environment," Sustainability, MDPI, vol. 12(4), pages 1-16, February.
    3. Hajara Dibal Yakadi, 2022. "The Impact of Corporate Social Responsibility on The Profitability of Nigerian Banks," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 6(7), pages 853-870, July.
    4. Valeria Fernanda Mesta-Cabrejos & Karla Stefanny Huertas-Vilca & Higinio Guillerno Wong-Aitken & Franklin Cordova-Buiza, 2023. "Corporate social responsibility in the banking sector: a focus on Latin America and the Caribbean," Palgrave Communications, Palgrave Macmillan, vol. 10(1), pages 1-6, December.
    5. Agustina, Lidya, 2021. "Does financial performance moderate the effect of CEO characteristics and stakeholder influence on corporate social responsibility in Indonesia?," Technium Business and Management, Technium Science, vol. 2(1), pages 13-29.

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