A DYNAMIC PANEL ANALYSIS OF THE FINANCIAL DETERMINANTS OF CSR IN BANGLADESHI BANKING INDUSTRY

Journal Title: Asian Economic and Financial Review - Year 2013, Vol 3, Issue 5

Abstract

Studies on corporate social responsibility (CSR) across the world mainly focus on the impact of CSR on a firm’s financial performance. However, there are hardly enough empirical evidences on the firm’s financial determinants of CSR expenditure. Therefore working with panel data from Bangladeshi banking industry over a period of 2002-2011, this study aims at augmenting the financial determinants of CSR expenditures in Bangladeshi banking industry. Results from panel ARDL model for 30 private commercial banks confirm that several financial determinants including total investment, no. of branch, and no. of employees have significant long run impact on the level of bank’s CSR expenditure and thereupon fulfilling firm’s commitment towards the greater society as a corporate citizen.

Authors and Affiliations

Md. Al Mamun| Senior Lecturer in Finance at East West University, Dhaka, Bangladesh, Kazi Sohog| Department of business administration at East West University, Ayesha Akhter| Department of business administration at East West University

Keywords

Related Articles

IMPACT OF EXCHANGE RATE IN THE RUN-UP TO EU ACCESSION: AN EMPIRICAL ANALYSIS OF REPUBLIC OF MACEDONIA

Because of the fact that South-eastern European countries rely mainly on exchange rate anchors to reduce inflation, the appreciation of the real exchange rate among countries in the region is significant, and it is sligh...

Trade Liberalization, Poverty and Inequality Nexus: A Case Study of India

The paper attempted to see the relationship between trade liberalization and poverty andinequality in India. For trade liberalization, volume of trade as ratio of GDP, head countratio for poverty and Gini-coefficient has...

Nuclear Energy in Turkey, Do We Need It Indeed?

Two main events happened in 2007’s forced Turkey to reconsider of nuclear power plant building which has been postponed in several occasions. On the one hand Turkey aware that energy dependency to another states causing...

INVESTIGATING THE HOUSING PRICE BUBBLE IN METROPOLISES OF IRAN DURING 2000-2006

Non-optimal allocation of resources, increased levels of speculative activities, increased transfer of capital in asset market can be considered as the main results of housing price bubble. The main reason for the import...

SV MIXTURE, CLASSIFICATION USING EM ALGORITHM

The present paper presents a theoretical extension of our earlier work entitled“A comparative study of two models SV with MCMC algorithm” cited, Rev Quant Finan Acc (2012) 38:479-493 DOI 10.1007/s11156-011-0236-1 where w...

Download PDF file
  • EP ID EP1909
  • DOI -
  • Views 507
  • Downloads 27

How To Cite

Md. Al Mamun, Kazi Sohog, Ayesha Akhter (2013). A DYNAMIC PANEL ANALYSIS OF THE FINANCIAL DETERMINANTS OF CSR IN BANGLADESHI BANKING INDUSTRY. Asian Economic and Financial Review, 3(5), 560-578. https://europub.co.uk/articles/-A-1909