文章基本信息

标题：Corporate Social Responsibility and Its Impact on Financial Performance: A Case of Banking Industry of Pakistan
其他标题：Corporate Social Responsibility and Its Impact on Financial Performance: A Case of Banking Industry of Pakistan
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作者：Mehwish Awan
期刊名称：Research Journal of Finance and Accounting
印刷版ISSN：2222-1697
出版年度：2018
卷号：9
期号：13
页码：21-37
语种：English
出版社：The International Institute for Science, Technology and Education (IISTE)
摘要：There has been a significant growth of interest in the field of CSR and the debate is still hot. There are however very few studies done in the least developed countries on the subject matter. The divergent views in the literature regarding type of relationship that exists between CSR and Financial performance have necessitated this paper that examined the impact of corporate social responsibility(CSR) on the Financial performance of commercial banks from 2011-2015.Secondary data for CSR, ROA and ROE is collected from annual reports of commercial banks and Stock returns data is collected from Pakistan stock exchange website. Slack resource theory, Good management theory and stakeholders’ theory of CSR are used in this study. Financial performance is measured by ROA, ROE, Stock returns. We find that there is significant positive impact of CSR on ROA and ROE. Further, in case of SR as the dependent variable, CSR has an insignificant impact on the market stock returns. Bank size as a control variable is used to run regression analysis by using OLS (ordinary least square technique). Results show that CSR strengthens accounting returns but has not any significant influence on market returns i.e. stock returns. Keywords: Total Corporate social responsibility, Banks Financial performance, Commercial banks, Stock Returns, Product responsibility, Safety, Community Investment, Work-life balance, Bank size.
关键词：Total Corporate social responsibility; Banks Financial performance; Commercial banks; Stock Returns; Product responsibility; Safety; Community Investment; Work-life balance; Bank size.