Commercial Bank Corporate Social Responsibility Practices in Tanzania

Felix Adamu Nandonde () and Paul R. Sachs ()
Additional contact information
Felix Adamu Nandonde: Aalborg University Denmark
Paul R. Sachs: NHS Human Services

Chapter Chapter 9 in The Dynamics of Corporate Social Responsibility, 2017, pp 167-185 from Springer

Abstract: Abstract The present chapter offers a preliminary exploration of the CSR issues being addressed and reported by five commercial banks in Tanzania. These issues are illustrated through an examination of how CSR is operationalized within the commercial banking industry within Tanzania. The commercial banking industry is chosen for review because its operations affect all aspects of the country’s economy and citizenship. Moreover, the regulatory and reporting requirements of commercial banking allow for ample documentation that can be reviewed to assess the industry’s approach to CSR. Like most countries in Africa, Tanzania faces number of environmental and social challenges. These include, but are not limited to, land degradation, climate change, over exploitation of natural resources (e.g. over fishing and mining), illegal timber harvesting and poor access to social services such as education, health services and utilities. Given this situation, commercial banks play a key role in protecting the interests of the community, especially in distributing financial support to various programmes which sustain the environment, communities and their populace. Content analysis of the banks’ annual reports is presented and discussed. Particular attention is given to mission and values statements, board composition, social and philanthropic activities and compliance monitoring. The chapter concludes with a discussion of the policy, strategy and research implication of the findings.

Keywords: Corporate Social Responsibility; Board Member; Banking Industry; Commercial Banking; Corporate Social Responsibility Practice (search for similar items in EconPapers)
Date: 2017
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:csrchp:978-3-319-39089-5_9

Ordering information: This item can be ordered from
http://www.springer.com/9783319390895

DOI: 10.1007/978-3-319-39089-5_9

Access Statistics for this chapter

More chapters in CSR, Sustainability, Ethics & Governance from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().