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An Exploration of Corporate Social Responsibility Initiatives in Bangladesh's Private Commercial Banks

Author

Listed:
  • Md. Khalilur Rahman
  • Rahim Badsha
  • Md. Abud Darda

Abstract

This study examined the corporate social responsibility (CSR) initiatives of 18 listed private commercial banks in Bangladesh from 2013 to 2019. Data were collected from annual reports and analyzed using descriptive statistics and Pearson’s correlation. The results indicated that Bangladeshi private commercial banks primarily focus on eight CSR areas, with disaster management being the most significant contributing factor. Islami Bank Bangladesh emerged as the highest CSR contributor, whereas Uttara Bank and Eastern Bank were the lowest. A significantly positive relationship was found between the amount of CSR contribution and bank size. However, higher profitability did not necessarily correlate with increased CSR activities. This research enhances understanding of CSR practices in Bangladeshi commercial banks and provides recommendations for potential avenues for future studies, such as the impact of CSR activities on beneficiaries' lives.

Suggested Citation

  • Md. Khalilur Rahman & Rahim Badsha & Md. Abud Darda, 2024. "An Exploration of Corporate Social Responsibility Initiatives in Bangladesh's Private Commercial Banks," Business Management and Strategy, Macrothink Institute, vol. 15(2), pages 374-398, December.
    • Handle: RePEc:mth:bmsmti:v:15:y:2024:i:2:p:374-398
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    References listed on IDEAS

    as
    1. Maria-Gaia Soana, 2011. "The Relationship Between Corporate Social Performance and Corporate Financial Performance in the Banking Sector," Journal of Business Ethics, Springer, vol. 104(1), pages 133-148, November.
    2. Jacob Brower & Peter A. Dacin, 2020. "An Institutional Theory Approach to the Evolution of the Corporate Social Performance – Corporate Financial Performance Relationship," Journal of Management Studies, Wiley Blackwell, vol. 57(4), pages 805-836, June.
    3. Md. Shajedul Islam, 2023. "Corporate Social Responsibility Practices of Banking Sector in Bangladesh: An Evaluation," International Journal of Science and Business, IJSAB International, vol. 18(1), pages 153-164.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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