Financial performance and corporate social responsibility in the banking sector of Bahrain: Can engagement moderate?

Abstract

The present study attempted to understand how financial performance can be enhanced in the financial sector. Therein, the study worked to find out how Corporate Social Responsibility (CSR) and organizational engagement can be used to predict financial performance. In addition, the study also tested the moderating role of organizational engagement on the relationship between CSR and financial performance. Managerial level employees from seven retail banks in Bahrain were sampled for the present study. The results of the structural equation modelling reported significant impact of CSR on financial performance. Accordingly, the study also reported significant relationship between organizational engagement and financial performance. Notably, the study also reported significant moderation of organizational engagement on the CSR and financial performance relationship. The study forwards notable implications for theory and practice followed by scope for future studies.

From Perfection to performance: A Moderated Mediation process

“…The few explored mediating variables are invested time on task (Stoeber, Chesterman, & Tarn, 2010), perceived pressure to be perfect (Stoeber& Renner, 2008) and achievement goals (Stoeber et al, 2015). However, in the present research, work motivation has been employed as a mediator that cause perfectionist striving and performance relationship because Stoeber, (2013) argued that work motivation is a variable that elaborate the positive association of perfectionism with workaholism and other positive work behaviors because perfectionists always work with determination and motivation which in turn leads towards positive performance (Galdeano, Ahmed, Fati, Rehan & Ahmed, 2019). This argument has been further strengthen by other researchers (Hall, Hill, & Appleton, 2012;Mills & Blankstein, 2000;Stoeber, Feast, &Hayward, 2009;Van Yperen, 2006) who have confirmed the significant positive association of perfectionist striving with motivation and all types (introjected regulation, identified regulation, intrinsic motivation and extrinsic motivation) proposed by self-determination theory (SDT), suggesting that perfectionist are highly motivated through the variety of motivations.…”

“…These are need for autonomy (i.e., possessing a sense of freedom), need for competence (i.e., a sense of feeling own self capable and effective) and need for relatedness (i.e., feeling loved and cared) (p: 981). According to Ryan and Deci (2003), self-determination theory is developmental for all humans because goals, values and behaviors can be integrated, connected or organized within one's own self (Galdeano, Ahmed, Fati, Rehan & Ahmed, 2019).…”

Managing the Profitability Performance of the Banks: Exploring the Antecedents through Case Examination of MCB Bank

“…Banking sector has attracted significant scholarly attention over the past few decades (Galdeano, Ahmed, Fati, Rehan & Ahmed, 2019;Umrani, Kura & Ahmed, 2018;Umrani, Mahmood & Ahmed, 2016;Khalid, Pahi & Ahmed, 2016). Therein, debt financing comprises of main sources of external funding for most banks.…”

Uncovering the Link between Strategic Human Resource Management and Crisis Management: Mediating Role of Organizational Resilience

“…Most of the studies found in the literature (Parker & Ameen, 2018;Sutcliffe and Vogus, 2003) suggest the implications and outcomes of organizational resilience during the crisis. Very limited attention has been paid so far towards the actions that create resilience in organizations (Galdeano, Ahmed, Fati, Rehan & Ahmed, 2019;Ishak & Williams, 2018). One of the antecedents of organizational resilience is strategic human resource management (SHRM) as suggested by (Stokes et al, 2018).…”