The analysis shows positive links between corporate social responsibility and financial performance in Bangladesh, indicating potential benefits for banks.
Key Points
Banks' financial performance is positively influenced by corporate social responsibility practices, particularly for employees.
Statistical analysis using partial least squares structural equation modeling revealed these associations.
The study surveyed 275 respondents to quantify the impact of various CSR initiatives on bank performance.
Findings highlight the importance of CSR efforts, especially towards employees, in improving financial outcomes.