| Title : | Corporate social responsibility and financial performance of Nepalese commercial banks | | Material Type: | printed text | | Authors: | Rashmi Bashyal, Author | | Publication Date: | 2017 | | Pagination: | 105p. | | Size: | GRP/Thesis | | Accompanying material: | 8/B | | Languages : | English | | Descriptors: | Social responsibility of business
| | Class number: | 658.408 | | Abstract: | In the recent years, the concept of corporate social responsibility (CSR) is spreading very rapidly in all the sectors. Financial performance factors are affected by many issues that underlies within corporate social responsibility. The companies with superior social performance tend to perform better financially by attracting socially responsible consumers. Corporate social responsibility may originate from external pressures from stakeholders and institutions rather than the decisions processes of managers. The socially responsible behavior of a firm may be an effective strategy in minimizing arguments and maximizing synergies in their relationship with stakeholders.The financial performance of commercial banks is a subject that has received a lot of attention, comments and interests from the view point of general public and management of banks. The financial performance of a firm can be analyzed, among others, in terms of profitability, dividend growth, sales turnover, asset base, and capital employed. However, there is still a debate regarding how the performance of firms should be measured and what exactly are the factors that affect financial performance. Corporate social responsibility entails the practice, whereby corporate entities voluntarily integrate both social and environmental upliftment in their business philosophy and operations. The concept implied that companies voluntarily integrate social and environmental concerns in their operations and interaction with stakeholders.This study basically aimed to examines the relationship between corporate social responsibility and financial performance of Nepalese commercial banks. The specific objectives of the study are: a) what are the benefits of CSR in the context of Nepalese commercial banks? b) What is the status of CSR practices in Nepalese commercial banks? c) Is there any relationships between CSR and return on assets in Nepalese commercial banks? D) Is there any relationships between CSR and return on equity in Nepalese commercial banks? e) Is there any relationships between CSR and price-earnings ratio in Nepalese commercial banks? f) Is there any emerging view on employees to promote CSR in Nepalese commercial banks? g) Which is the most influencing variable taken under study to explain the financial performance of Nepalese commercial banks?
The study is based on the primary and secondary data which were gathered from 15 commercial banks in Nepal leading to the total of 158 observations. The data are collected from questionnaires, various issues of Banking and Financial Statistics and Quarterly Economic Bulletin published by Nepal Rastra Bank, annual report of central bureau of statistics (CBS) and annual reports of selected commercial banks.The dependent variable is financial performance variables (return on assets, return on equity and price earnings ratio) whereas the independent variable is corporate social responsibility variables (workplace CSR, marketplace CSR, environmental CSR and philanthropic CSR). Descriptive research design and causal comparative research design has been employed in order to analyze the relationship between corporate social responsibility and financial performance of Nepalese commercial banks.
The study reveals that the return on assets is negatively related to corporate social responsibility variables. Similarly, there is positive relationship between CSR variables and return on equity. Likewise, CSR variables and price earnings ratio has positive relationship.Besides this, there are other factors equally important that caused fluctuation on financial performance. Therefore, banks/investors must look after all these factors which internally or externally affect financial position to take meaningful decision. Finally Nepalese bankers and policy maker should pay adequate attentions to analyze the corporate social responsibility factors that make variation in financial performance of Nepalese commercial banks.
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Corporate social responsibility and financial performance of Nepalese commercial banks [printed text] / Rashmi Bashyal, Author . - 2017 . - 105p. ; GRP/Thesis + 8/B. Languages : English | Descriptors: | Social responsibility of business
| | Class number: | 658.408 | | Abstract: | In the recent years, the concept of corporate social responsibility (CSR) is spreading very rapidly in all the sectors. Financial performance factors are affected by many issues that underlies within corporate social responsibility. The companies with superior social performance tend to perform better financially by attracting socially responsible consumers. Corporate social responsibility may originate from external pressures from stakeholders and institutions rather than the decisions processes of managers. The socially responsible behavior of a firm may be an effective strategy in minimizing arguments and maximizing synergies in their relationship with stakeholders.The financial performance of commercial banks is a subject that has received a lot of attention, comments and interests from the view point of general public and management of banks. The financial performance of a firm can be analyzed, among others, in terms of profitability, dividend growth, sales turnover, asset base, and capital employed. However, there is still a debate regarding how the performance of firms should be measured and what exactly are the factors that affect financial performance. Corporate social responsibility entails the practice, whereby corporate entities voluntarily integrate both social and environmental upliftment in their business philosophy and operations. The concept implied that companies voluntarily integrate social and environmental concerns in their operations and interaction with stakeholders.This study basically aimed to examines the relationship between corporate social responsibility and financial performance of Nepalese commercial banks. The specific objectives of the study are: a) what are the benefits of CSR in the context of Nepalese commercial banks? b) What is the status of CSR practices in Nepalese commercial banks? c) Is there any relationships between CSR and return on assets in Nepalese commercial banks? D) Is there any relationships between CSR and return on equity in Nepalese commercial banks? e) Is there any relationships between CSR and price-earnings ratio in Nepalese commercial banks? f) Is there any emerging view on employees to promote CSR in Nepalese commercial banks? g) Which is the most influencing variable taken under study to explain the financial performance of Nepalese commercial banks?
The study is based on the primary and secondary data which were gathered from 15 commercial banks in Nepal leading to the total of 158 observations. The data are collected from questionnaires, various issues of Banking and Financial Statistics and Quarterly Economic Bulletin published by Nepal Rastra Bank, annual report of central bureau of statistics (CBS) and annual reports of selected commercial banks.The dependent variable is financial performance variables (return on assets, return on equity and price earnings ratio) whereas the independent variable is corporate social responsibility variables (workplace CSR, marketplace CSR, environmental CSR and philanthropic CSR). Descriptive research design and causal comparative research design has been employed in order to analyze the relationship between corporate social responsibility and financial performance of Nepalese commercial banks.
The study reveals that the return on assets is negatively related to corporate social responsibility variables. Similarly, there is positive relationship between CSR variables and return on equity. Likewise, CSR variables and price earnings ratio has positive relationship.Besides this, there are other factors equally important that caused fluctuation on financial performance. Therefore, banks/investors must look after all these factors which internally or externally affect financial position to take meaningful decision. Finally Nepalese bankers and policy maker should pay adequate attentions to analyze the corporate social responsibility factors that make variation in financial performance of Nepalese commercial banks.
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