THE IMPACT OF CORPORATE SOCIAL RESPONSIBILITY ON FINANCIAL STABILITY AND FINANCIAL INCLUSION IN THE BANKING SECTOR OF BANGLADESH

The crucial point of this study is to check out how corporate social responsibility (CSR) affects the financial situation, including in Bangladesh's banks. We used data from 20 commercial banks in Bangladesh from 2015 to 2019 for this research. What we found was that banks putting lots of money into CSR tend to have positive relations with customers, which leads to fewer financial problems and stronger money situations. Besides, we detected that increased bank involvement in CSR encourages inclusion in the financial system. This shows up in things like having more branches and ATMs. These results offer beneficial suggestions for banks and people making rules in Bangladesh to come up more robust plans that assist good inclusion and stability in the financial sector.

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Publication Details

Journal
Journal of Science and Technology
Published
2024-11-28
DOI
https://doi.org/10.59125/jst.22108
Primary Topic
Islamic Finance and Banking Studies
Type
article
Field-Weighted Citation Impact
0.00
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article

THE IMPACT OF CORPORATE SOCIAL RESPONSIBILITY ON FINANCIAL STABILITY AND FINANCIAL INCLUSION IN THE BANKING SECTOR OF BANGLADESH

Mahbuba Aktar, Sakila Zabin
Journal of Science and Technology
Islamic Finance and Banking Studies
article

THE IMPACT OF CORPORATE SOCIAL RESPONSIBILITY ON FINANCIAL STABILITY AND FINANCIAL INCLUSION IN THE BANKING SECTOR OF BANGLADESH

Mahbuba Aktar, Sakila Zabin
article en

Abstract

The crucial point of this study is to check out how corporate social responsibility (CSR) affects the financial situation, including in Bangladesh's banks. We used data from 20 commercial banks in Bangladesh from 2015 to 2019 for this research. What we found was that banks putting lots of money into CSR tend to have positive relations with customers, which leads to fewer financial problems and stronger money situations. Besides, we detected that increased bank involvement in CSR encourages inclusion in the financial system. This shows up in things like having more branches and ATMs. These results offer beneficial suggestions for banks and people making rules in Bangladesh to come up more robust plans that assist good inclusion and stability in the financial sector.

Journal of Science and TechnologyVol. 22(1_2)
Hajee Mohammad Danesh Science and Technology University (BD)
Reduced inequalities
Openalex Percentile: Top 64%
Islamic Finance and Banking Studies
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