An Evaluation on CSR Expenditures and Its Relationship with Financial Performance Variables of the Nationalized Commercial Banks (NCBs) in Bangladesh

  • Mst. Hasna Banu University of Rajshahi
  • Aditi Sonia Aishi University of Rajshahi
  • Taposh Kumar Neogy Institute of Business Administration (under National University)
Keywords: CSR, Financial Performance, Nationalized Commercial Banks, Bangladesh

Abstract

At present corporate social responsibility (CSR) has become an important tool due to contribute the sustainable economic development by ensuring the different benefits for the stakeholders. Corporate social responsibility (CSR) expenditures are extending accepted issue for economic development in competitive business world. The study examines the corporate social responsibility (CSR) expenditures and its relationship with financial performance variables of the sample banks between the years 2012 to 2016 with the use of secondary data. Findings from the analysis display that the sample banks have contributed in the different activities under corporate social responsibility (CSR) program but the contributions were not sufficient over the study period. The study revealed that the corporate social responsibility (CSR) expenditures of the sample banks have shown increasing and decreasing tendency during the study period. The study also revealed that there is no significant influence of financial performance variables on corporate social responsibility (CSR) expenditures of the sample banks over the study period.

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Author Biographies

Mst. Hasna Banu, University of Rajshahi

Assistant Professor, Department of Accounting and Information Systems, University of Rajshahi, Rajshahi-6205, BANGLADESH

Aditi Sonia Aishi, University of Rajshahi

BSS (Hons), MSS, Department of Economics, University of Rajshahi, Rajshahi-6205, BANGLADESH

 

 

Taposh Kumar Neogy, Institute of Business Administration (under National University)

Assistant Professor in Accounting, Institute of Business Administration (IBA), Rajshahi (under National University), BANGLADESH

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Published
2018-12-15
How to Cite
Banu, M. H., Aishi, A. S. and Neogy, T. K. (2018) “An Evaluation on CSR Expenditures and Its Relationship with Financial Performance Variables of the Nationalized Commercial Banks (NCBs) in Bangladesh”, Global Disclosure of Economics and Business, 7(2), pp. 81-90. Available at: http://i-proclaim.my/archive/index.php/gdeb/article/view/538 (Accessed: 14October2019).
Section
Articles