Corporate social responsibility and financial performance: An empirical analysis of Indian banks

By Shafat Maqbool, M. Zameer. Future Business Journal, 2018

419 citations recorded by the source corpus.

Abstract Despite scads research on the relationship between corporate social responsibility and financial performance, literature is still inconclusive. This study attempts to examine the relationship between corporate social responsibility and financial performance in the Indian context. Secondary data has been collected for 28 Indian commercial banks listed in Bombay stock exchange (BSE), for the period of 10 years (2007–16). The results indicate that CSR exerts positive impact on financial performance of the Indian banks. The finding of this study provides great insights for management, to integrate the CSR with strategic intent of the business, and renovate their business philosophy from traditional profit-oriented to socially responsible approach.

Subfields: Finance, Marketing, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/e397c6f321510efb168d9357a2b5e9cc784f2a70

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In Finance

1. Bahaaeddin Alareeni
2. R. E. Khoury
3. Nohade Nasrallah
4. Muhammad Safdar Sial

In Marketing

1. Bahaaeddin Alareeni
2. R. E. Khoury
3. Nohade Nasrallah

In Strategy and Management

1. Bahaaeddin Alareeni
2. R. E. Khoury
3. Nohade Nasrallah

Citations in the corpus

• ESG and financial performance of banks in the MENAT region: concavity–convexity patterns (2021, methodology): “Dependent variables – financial performance In line with previous literature and due to the inconclusiveness of FP metrics (Maqbool and Zameer 2018; Alswalmeh and Qaqish 2021), we rely on the below four measures: Accounting FP measures: Return on assets (ROA): It measures banks’ operational…”
• CSR, Co-Creation and Green Consumer Loyalty: Are Green Banking Initiatives Important? A Moderated Mediation Approach from an Emerging Economy (2020, background): “Likewise, in today’s highly competitive era, organizations are trying to fight their counterparts through a variety of marketing tools, emphasizing that the inclusion of corporate social responsibility (CSR) as a core business strategy can move business forward [49].”