Impact of CSR on Financial Performance of Banks: A Case Study
Abstract
The aim of current study is to investigate the impact of CSRRI on bank’s financial performance. For this purpose, ROA, EPS and PAT are taken as proxies for measuring bank’s financial performance by using time series and panel data. The time span is from 2004 to 2017. The current study used HBL and MCB bank for analysis. The dependent variables are ROA, EPS and PAT while independent variables are CSRRI and bank size.
To estimate the model, the current study used quantitative data to analyse the results by using descriptive analysis, correlation analysis, and multiple regression analysis.
The findings of the current study revealed that the slope coefficient of intercept and CSRRI are positive except bank size which is negative in three models. In short, the CSRRI can
Further, CSR reporting may provide welfare for both banks and econometric models suggests that socially responsible banks can not only attract large numbers of customers but also increases profitability.
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References
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