Corporate social responsibility and bank efficiency
Mathieu Gomes and
Journal of Multinational Financial Management, 2020, vol. 54, issue C
Banks play a predominant role in the economy and are subject to growing expectations from stakeholders. It is therefore important to understand the financial impact of CSR on banks’ activities. This article examines the impact of CSR on bank efficiency by using a DEA Dynamic Network Model. Based on an international sample of 184 banks in 41 countries over the 2009–2015 period, our empirical investigation reveals a positive impact of CSR on bank efficiency. We further show that this relationship is contingent upon the institutional context. Specifically, we find that CSR has a positive impact on bank efficiency only in developed countries, in countries where investor protection is high and in countries featuring a high degree of stakeholder orientation. We thus assert that some institutional characteristics must be present for the positive impact of CSR on bank efficiency to materialize.
Keywords: Corporate social responsibility (CSR); Banking efficiency; Data envelopment analysis (DEA) (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4) Track citations by RSS feed
Downloads: (external link)
Full text for ScienceDirect subscribers only
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:eee:mulfin:v:54:y:2020:i:c:s1042444x20300013
Access Statistics for this article
Journal of Multinational Financial Management is currently edited by I. Mathur and G. G. Booth
More articles in Journal of Multinational Financial Management from Elsevier
Bibliographic data for series maintained by Haili He ().