Abstract

Abstract Corporate social responsibility is a philanthropic activity that works for the development of underprivileged people in society. The study examined the factors that are considered as influential stimuli of CSR expenditures. Prais Winsten regression model is applied to a sample of 32 commercial banks from the year of 2011 to 2015 with 160 observations. The study revealed that bank size and one year lag of CSR expenditure positively affect CSR expenditure and are statistically significant. However, bank default risk, shareholders influence, and bank age have a negative and significant effect on CSR expenditures of banks. Therefore, the study's implication is to address the factors properly for the country's socio-economic development. JEL classification numbers: C12, C23. Keywords: CSR, Quantitative Methods, Panel data, Banks, Bangladesh.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.