IDEAS home Printed from https://ideas.repec.org/a/taf/oaefxx/v10y2022i1p2132642.html
   My bibliography  Save this article

The impacts of corporate social responsibility to corporate financial performance: A case study of Vietnamese commercial banks

Author

Listed:
  • Thich Van Nguyen
  • Hang T.T. Bui
  • Chi H.D. Le

Abstract

This study aims to investigate the relationship between corporate social responsibility (CSR) and corporate financial performance (CFP). A multi-method approach has been applied to measure CSR. Net interest margin (NIM), return on assets (ROA), and return on equity (ROE) are selected to represent the financial performance of the bank. Using a sample of Vietnamese commercial banks from 2012 to 2019 to perform regressions in the dynamic panel models with the two-step system generalized method of moments (GMM) estimator, the results show a positive effect of both corporate social responsibility expenditure (CSRE) and corporate social responsibility disclosure (CSRD) on the financial performance of the bank. The results also show the impact of the component CSRs on the bank’s financial performance, particularly finding a positive effect of Environmental responsibility and Employee responsibility. In contrast, the influence of Community responsibility is not evident.

Suggested Citation

  • Thich Van Nguyen & Hang T.T. Bui & Chi H.D. Le, 2022. "The impacts of corporate social responsibility to corporate financial performance: A case study of Vietnamese commercial banks," Cogent Economics & Finance, Taylor & Francis Journals, vol. 10(1), pages 2132642-213, December.
    • Handle: RePEc:taf:oaefxx:v:10:y:2022:i:1:p:2132642
    DOI: 10.1080/23322039.2022.2132642
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/23322039.2022.2132642
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/23322039.2022.2132642?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:oaefxx:v:10:y:2022:i:1:p:2132642. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/OAEF20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.