The Impact of Corporate Social Responsibility (CSR) on Islamic Banking Performance in Malaysia. Advanced International Journal of Banking, Accounting and Finance, 3 (8). pp. 1-15. ISSN E-ISSN: 2682-8537 (2021)
Abstract
Corporate Social Responsibility (CSR) activities can lead the company to gain better recognition from citizens and investors. CSR has become one of the added values for a company in increasing competition from global and domestic. However, there are some critics who contend that the CSR benefits surpass the actual cost and some also claim that for the company to be socially responsible is too expensive. Therefore, the objective of this study is to determine the relationship between Corporate Social Responsibility (CSR) impacts on the Islamic Banks' financial performance, specifically in Malaysia. This study used Fixed Effect Regression Model to achieve the objectives of this study. The independent variables used to determine CSR comprise of environment, community, and workplace and marketplace expenditure ratio. Meanwhile, to measure the financial bank performance that is the dependent variable, Return on Asset (ROA) is used in this study. Based on this model, the researcher concluded that CSR’s elements which are environment, community, and marketplace have significant impacts on banks financial performance. This is consistent with Stakeholder Theory which states that the firm financial performance is determined by external stakeholders. In order to enhance the study future research may segregate the focus of the study specifically on Islamic Bank or conventional banking. Future research may also conduct research on the different industries.
| Item Type: | Article |
|---|---|
| Keywords: | Islamic Banking Performance, Corporate Social Responsibility (CSR), Community |
| Taxonomy: | By Niche > Islamic Banking > Banks and Banking > Finance |
| Local Content Hub: | Niche > Islamic Banking |
| Depositing User: | Ilya Nur Fateen Othman |
| Date Deposited: | 06 Feb 2025 07:53 |
| Last Modified: | 06 Feb 2025 07:53 |
| Related URLs: |
Actions (login required)
 |
View Item |
