Exploring the Role of Education and Professional Development in Implementing Corporate Social Responsibility Policies in the Banking Sector

Kamer-Ainur Aivaz (), Anamaria Mișa and Daniel Teodorescu
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Kamer-Ainur Aivaz: Faculty of Economic Studies, Ovidius University of Constanta, 900470 Constanta, Romania
Anamaria Mișa: Department of Management, Bucharest University of Economic Studies, 010552 Bucharest, Romania
Daniel Teodorescu: School of Education, Clark Atlanta University, Atlanta, GA 30314, USA

Sustainability, 2024, vol. 16, issue 8, 1-17

Abstract: This study investigates the influence of education, professional development, and job satisfaction on the adoption of corporate social responsibility (CSR) practices among employees in the banking industry. A survey was conducted among 139 professionals employed in the banking sector in Romania to assess their engagement in CSR practices. In essence, the research explores four main objectives: the impact of demographic factors on CSR adoption, the influence of values formed during high school, the correlation between job satisfaction and CSR engagement, and the effect of professional development on CSR engagement. The findings from a hierarchical regression model indicate that job satisfaction plays a significant role in fostering stronger CSR practices within the banking sector, thereby contributing to broader social objectives. However, it is essential to conduct further research to elucidate the causal relationship between CSR adoption and job satisfaction, as the current study’s research design only establishes the existence of an association. Overall, this study holds implications for managers in the banking industry, highlighting the critical role of employee satisfaction in shaping individuals’ commitment to CSR initiatives.

Keywords: education; job satisfaction; corporate social responsibility; banking industry; multivariate hierarchical regression (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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