An Empirical Evidence of Corporate Social Responsibility by Banking Sector based on Bangladesh

Authors

  • Mahjabeen Ferdous Stamford University Bangladesh
  • Md. Moniruzzaman Stamford University Bangladesh

DOI:

https://doi.org/10.18034/abr.v3i2.90

Keywords:

Corporate Social Responsibilities, Private Commercial Bank, Bangladesh

Abstract

This paper present the current Corporate Social Responsibility practices by banking sector in Bangladesh. It also attempts to examine the importance of CSR (Gaining Competitive advantage, Customer’s and Employee’s Positive Behavior, Financial performance, etc) using open end questionnaire aims to collect respondent’s opinion. Data analyzed by Statistical tool hypotheses (Z statistic-Proportion Test) along with descriptive analysis. DBBL is one of the top most banks in practicing CSR activities. The most practiced area is Education; PCB may diversify CSR practices in women empowerment, poverty alleviation as it is not enough to contribute the overall development of the country as well as other sector such as telecommunication, manufacturing industry may come forward for CSR practices.

JEL Classification Code:  M14

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Author Biographies

  • Mahjabeen Ferdous, Stamford University Bangladesh

    Lecturer in Finance, Department of Business Administration, Stamford University Bangladesh, Dhaka, BANGLADESH

  • Md. Moniruzzaman, Stamford University Bangladesh

    Lecturer in Finance, Department of Business Administration, Stamford University Bangladesh, Dhaka, BANGLADESH

References

Abdul Kaium Masud, 2011, CSR practices of private commercial bank's in Bangladesh: A comparative study, MPRA Paper No. 35496

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European Commission, 25.10.2011, Communication from the commission to the European parliament, the council, the European economic and social committee and the regions.

Bhattacharya et al., 2004; Ogrizek, 2001; Frenz , 2005; Jeucken, 2001; 2004; Coupland, 2005.

Almona, C. P. 2005, ‘A Review of The Business Case for Corporate Social Responsibility in the UK Financial Services Sector, A dissertation presented in part consideration for the degree of MBA in Corporate Social Responsibility’.

Trotta, A., A., Iannuzzi, G., Cavallaro & S., Dell’atti, ‘Banking reputation and CSR: a stakeholder value approach’. Available: http://www.google.com

World bank. 2002, ‘Corporate social responsibility and sustainable competitiveness’. Retrieved from http://www.worldbank.org/wbi/copgov /csr/index.htm

Edi. I.I. and I.I., Etu 2011,‘CSR activities of banking industry in Bangladesh’. Financial Express, Bangladesh.

Niall Fitzerald, “Quotations from Business and Thought Leaders on Ethics and CSR”. Retrieved from http://www.interpraxis.com/quotes.htm

Douglas A. lind, William G. Marchal & Samuel A.Wathen. Statistical Techniques in Business and Economics. McGraw-Hill/Irwin. Pp.349-352, 2010

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Published

2013-12-31

How to Cite

Ferdous, M., & Moniruzzaman, M. (2013). An Empirical Evidence of Corporate Social Responsibility by Banking Sector based on Bangladesh. Asian Business Review, 3(2), 74-79. https://doi.org/10.18034/abr.v3i2.90

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