Corporate Social Responsibility and Financial Performance: Evidence from Pakistani Listed Banks

Szegedi, Krisztina; Khan, Yahya; Lentner, Csaba

doi:10.37247/pas.1.2020.18

Cited by 15 publications

(3 citation statements)

References 61 publications

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“…The agency theory states that powerful CEOs may promote transparency about banks' CSR activities for their private benefits. While, on the other hand, they might abuse their power by providing a high degree of CSR disclosure, it could also be a sign of managerial risk aversion or managers' private reputational concerns (Jizi et al, 2014), (Sial et al, 2018), and (Szegedi, Khan, and Lentner, 2020).…”

Section: Corporate Governance (Cg) and Corporate Social Responsibilit...mentioning

confidence: 99%

“…Different results have been reported in the contexts of developing and developed countries. In case of the developing countries such as Eritrea, Pakistan, Turkey and Bangladesh, CSR has significant influence on the organizational performance (Bahta et al, 2021;Szegedi et al, 2020;Akben-Selcuk, 2019). Firms in these countries are increasingly share CSR disclosure in pursuit of improved financial results such as the case of pharmaceutical industry of Pakistan (Malik and Kanwal, 2018).…”

Section: Corporate Social Responsibility (Csr) and Corporate Performa...mentioning

confidence: 99%

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Corporate Governance and Corporate Performance with a Mediating Role of Corporate Social Responsibility—Case Study of Companies Listed on Saudi Arabian Exchange

Sarwar¹,

Al‐Faryan²,

Saleem³

2022

TEL

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The goal of the research was to find out how Corporate Governance, Corporate Social Responsibility, and Corporate Performance are linked in Saudi Arabian capital market. Domestic companies registered on the Arabian stock exchange make up the majority of the population. The research spans 11 years and includes data from 2010 to 2020. Data was extracted from audited annual reports of domestic companies listed on Saudi Arabian Exchange (SAE). The Hausman Test was used to determine that the Random Effect model was the best fit. To find endogeneity, we employed the Durbin-WU-Hausman test and the TSLS rather than the OLS. A model has been proposed to examine the relationship between corporate governance and performance, as well as that of corporate social responsibility (CSR) that acts as a partial mediator. This study has implications for the current and potential investors of the firms in the Kingdom Saudi Arabia in the context of choosing "socially participating" firms for their investment. Theoretically, this study also contributes to our understanding of some related concepts that have not been explored in previous researches concerning CG, CP and CSR. This can also be deduced from the finding that CSR partially contribute to enhance a firm's performance in the context of Saudi companies.

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Section: Corporate Governance (Cg) and Corporate Social Responsibilit...mentioning

confidence: 99%

Section: Corporate Social Responsibility (Csr) and Corporate Performa...mentioning

confidence: 99%

Corporate Governance and Corporate Performance with a Mediating Role of Corporate Social Responsibility—Case Study of Companies Listed on Saudi Arabian Exchange

Sarwar¹,

Al‐Faryan²,

Saleem³

2022

TEL

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“…Green banking initiatives include in-house environment management, introducing green finance, incorporation of environmental risk, creation of climate risk fund, introducing green marketing, employee training, customer awareness, and green events. We have also seen that well-established banks also play their role in philanthropic activities (education, health, disaster management, etc), the well-being of employees/citizens, and community development (Szegedi, Khan, & Lentner, 2020;Oyewumi, Ogunmeru, & Oboh, 2018).…”

Section: Introductionmentioning

confidence: 99%

Impact of Bank-Specific, Corporate Governance and Environmental Factors on Bank Efficiency and Profitability in Pakistan

Athar

Chughtai

2021

JAEBS

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The study aims to investigate the impact of bank-specific, board structure, gender diversity, and environmental factors on bank efficiency and profitability in Pakistan by taking a sample of seventeen commercial banks for the period 2013-2018. Data envelopment analysis (DEA) and return on assets (ROA) are used as a proxy to measure bank efficiency and profitability. Panel estimation techniques and Generalized Method of Moments (GMM) are used to conceptualize the research framework and to test the hypotheses. The findings indicate a negative relationship of non-performing loans, advances, level of involvement of women into other committees, and CSR index with ROA; while more presence of women on board reveals a positive and significant impact on ROA that is consistent with critical mass theory. However, CEO duality shed a positive impact on technical efficiency; while bank size signifies an inverse relationship with ROA and technical efficiency. Moreover, deposit influences ROA positively; while board size finds a positive and significant relationship with ROA and technical efficiency. The findings are important for various stakeholders as they can efficiently take their decision-making to better understand the factors influence bank performance. This study recommends future researchers do the same research by inculcating a larger sample size.

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The Effect of CSR and Leverage on Financial Performance in Manufacturing Companies of Indonesia

Fauzy

Rakhmawati

Lestari

et al. 2023

Int. J. Eng. Tech. Mgmt. Res.

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The primary goal of this research is to ascertain the effects of corporate social responsibility and financial leverage on the financial performance of 38 Indonesia Stock Exchange-listed manufacturing companies for three years (2019-2021). This study utilizes two independent variables, which are corporate social responsibility and financial leverage as assessed by the debt equity ratio (DER) in analyzing their impact on financial performance metrics like return on equity (ROE), return on assets (ROA), and earnings per share (EPS). Secondary data was gathered from the financial reports (comprehensive income statements and financial position statements) of chosen companies listed from the Indonesian Stock Exchange (IDX). Descriptive statistical tests, multiple linear regression tests and hypothesis testing were utilized to examine the research data. The analysis results reveal that Corporate social responsibility and leverage have a significant and favorable effect, as assessed by the debt-to-equity ratio on the financial performance of 38 companies.

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Corporate Social Responsibility and Financial Performance: Evidence from Pakistani Listed Banks

Cited by 15 publications

References 61 publications

Corporate Governance and Corporate Performance with a Mediating Role of Corporate Social Responsibility—Case Study of Companies Listed on Saudi Arabian Exchange

Corporate Governance and Corporate Performance with a Mediating Role of Corporate Social Responsibility—Case Study of Companies Listed on Saudi Arabian Exchange

Impact of Bank-Specific, Corporate Governance and Environmental Factors on Bank Efficiency and Profitability in Pakistan

The Effect of CSR and Leverage on Financial Performance in Manufacturing Companies of Indonesia

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