• ISSN: 2301-3567 (Print), 2972-3981 (Online)
    • Abbreviated Title: J. Econ. Bus. Manag.
    • Frequency: Quarterly
    • DOI: 10.18178/JOEBM
    • Editor-in-Chief: Prof. Eunjin Hwang
    • Executive Editor: Ms. Fiona Chu
    • Abstracting/ Indexing:  CNKI, Google Scholar, Electronic Journals Library, Crossref, Ulrich's Periodicals Directory, MESLibrary, etc.
    • E-mail: joebm.editor@gmail.com
JOEBM 2020 Vol.8(1): 44-49 ISSN: 2301-3567
DOI: 10.18178/joebm.2020.8.1.610

Effect of Corporate Social Responsibility Expenditures on Financial Performance in Banking Sector of Bangladesh

A H M Yeaseen Chowdhury and Md. Nader Nehal

Abstract—Corporate Social Responsibility (CSR) refers to a company’s sense of responsibility towards the community and environment in both social and ecological. CSR activities have positive impact on firm’s performance with banking sector no exception to it. Companies have their own choice of areas/fields for such CSR investments in order to have desired performance outcome. This research aimed at finding out the relationship between CSR expenses and financial performances of banking sector of Bangladesh. The financial performance measured by Return on Asset (ROA), Return on Equity (ROE), Earning per Share (EPS) and price Earnings Ratio (PER) have been considered as dependent variable where as Expenditures is CSR activities in Donation (DN), Social Welfare (SW), Education (EDU), Health and Hygiene (HH) and Environmental Protection (EP) have been considered as independent variables. Independent variables explain 57.42% of ROA, 66.1% of ROE, 77.8% of EPS and 58.01% of PER.

Index Terms—CSR, banks, financial performance, expenditures on CSR.

A H M Yeaseen Chowdhury is with Faculty of Business Studies, Bangladesh University of Professionals, Bangladesh (e-mail: yeaseenchy@bup.edu.bd). Md. Nader Nehal was with Bangladesh University of Professionals, Bangladesh.


Cite:A H M Yeaseen Chowdhury and Md. Nader Nehal, "Effect of Corporate Social Responsibility Expenditures on Financial Performance in Banking Sector of Bangladesh," Journal of Economics, Business and Management vol. 8, no. 1, pp. 44-49, 2020.

Copyright © 2020 by the authors. This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited (CC BY 4.0).

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