How does corporate social responsibility affect financial performance, financial stability, and financial inclusion in the banking sector? Evidence from Pakistan

被引：94

作者：

Ramzan, Muhammad ^{[1
]}

Amin, Muhammad ^{[1
]}

Abbas, Muhammad ^{[1
]}

机构：

[1] Air Univ, Multan Campus, Multan, Pakistan

来源：

RESEARCH IN INTERNATIONAL BUSINESS AND FINANCE | 2021年 / 55卷

关键词：

Corporate social responsibility; Financial performance; Financial inclusion; Financial stability; DISCLOSURE; CSR; SUSTAINABILITY; ENGAGEMENT; RISK;

D O I：

10.1016/j.ribaf.2020.101314

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

This paper examines the impact of corporate social responsibility (CSR) on the financial performance, financial inclusion, and financial stability of the banking sector, focusing on annual data for 20 Pakistani commercial banks for the period 2008-2017. The results suggest that CSR, as well as age and size, has a positive impact on all three factors. However, high levels of leverage reduce financial inclusion and financial stability, while financial inclusion is also negatively associated with the tangibility of assets.

引用

页数：9

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