학위논문(석사)--Graduate School of International Studies Ajou University :국제경영학과,2017. 8
Alternative Abstract
CSR can be the useful strategic tool for attraction of very qualified and skilled employees. CSR activities focusing on sustainability issues may lower costs and improve efficiencies as well. Some of the studies found that the relative weightings of Carroll formerly consigned to four components are appropriate and some studies counter. One of the main theoretical controversies concerns the relationship between CSR and profitability. Some studies have shown positive relationship and other studies have shown negative or no relationship between CSR practices and profitability. The main objective of the study is to analyse the relationship between corporate social responsibility and profitability of Nepalese commercial banks. The quantitative sample of this study includes pooled panel data from 25 commercial banks for the period of 6 years (2010/11- 2015/16) with 150 observations and qualitative sample of this study includes 61 respondents which includes managers and employees of 25 commercial banks. The relation between CSR and Profitability is hard to be measured in a direct way as profitability is also affected by other factors of the bank.
This paper examines the relationship between the components of CSR and profitability through correlation and regression analysis. The empirical results show the different relationship of each of the components of the CSR with the profitability proxies’ ROA and ROE of the Nepalese commercial banks. The finding reveals that Nepalese commercial banks are more involved in the activities related to charities and funds. CSR is developing practices in context of Nepal by firms and financial institutions. The bank performs CSR as a voluntary act without any mandatory policies. So size and growth (eps growth) were included in the study as control variables. Employees of commercial bank didn’t rank the CSR according to the original concept of Carroll. Managers and employees of commercial bank give highest ranking to legal responsibility followed by ethical responsibility, discretionary responsibility and economic responsibility. From the study it was found that the relation for profitability measured by ROA and ROE were not significant with the economic and legal responsibilities but have positive and significant relationship with discretionary responsibility of the commercial bank of Nepal. However, the ethical responsibility has positive and significant relationship with only ROA following the Carroll’s Pyramid.
