MỐI LIÊN HỆ GIỮA CÔNG BỐ THÔNG TIN TRÁCH NHIỆM XÃ HỘI VÀ THÀNH QUẢ TÀI CHÍNH CỦA CÁC NGÂN HÀNG THƯƠNG MẠI CỔ PHẦN NIÊM YẾT TRÊN THỊ TRƯỜNG CHỨNG KHOÁN VIỆT NAM THE RELATIONSHIP BETWEEN CORPORATE SOCIAL RESPONSIBILITY (CSR) DISCLOSURE AND FINANCIAL PERFORMANCE OF JOINT STOCK COMMERCIAL BANKS LISTED ON VIETNAM STOCK MARKET

Abstract

This article studies the relationship between corporate social responsibility (CSR) disclosure and financial performance of joint stock commercial banks listed on Vietnam stock market. Through the collection of data from 17 banks listed on two exchanges HOSE and HNX in the period from 2015-2020. The study has used a quantitative method with the Ordinary Least Squares (OLS) method to test hypotheses the relationship between CSR disclosure and financial performance of joint stock commercial banks listed on Vietnam stock market. Quantitative research results have shown that CSR disclosure is related to financial performance of joint stock commercial banks, CSR disclosure has a positive impact on financial performance and the control variables include Bank size, Age, Loan-to-Deposit Ratio, Non-Performing Loan Ratio has a positive impact on the financial performance of the joint stock commercial banks. Based on the research results, three groups of related solutions have been proposed to increase the financial performance of the joint stock commercial banks listed on Vietnam. Keywords: Corporate Social Responsibility (CSR), Commercial bank, financial performance. JEL Classification: M10, M20, M40