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International Journal of Academic Research in Business and Social Sciences

Open Access Journal

ISSN: 2222-6990

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

Muhammad Ashraf, Bushra Khan, Rabia Tariq

http://dx.doi.org/10.6007/IJARBSS/v7-i4/2837

Open access

Purpose – 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.
Design/methodology/approach – The data are collected to analyse 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.
Findings- 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.
Research restraints- 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.
Originality/value- 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.

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