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2015 | 8 | nr 4 | 65--81
Tytuł artykułu

Application of the CSR Measuring Model in Commercial Bank in Relation to their Financial Performance

Treść / Zawartość
Warianty tytułu
Języki publikacji
EN
Abstrakty
EN
This article focuses on the application of the corporate social responsibility concept (CSR) in commercial banking in the Czech Republic. The study quantitatively evaluates the CSR activities in commercial banks on a sample of four largest Czech banks according to the number of customers by using the CRM measuring model developed by the authors. The research is based on the content analysis of the publicly available data and takes into consideration three main pillars of the CSR - Economic, Social and Environmental. The subsequent analysis made with the application of the methods of descriptive statistics and correlation analysis is focused on the relationship between the CSR implementation and the commercial bank's financial performance. On the basis of the CSR measurements it was found, that the application of CSR activities in the Czech commercial banking sector is reaching the average level. Correlation analysis also showed that the level of application of the CSR is not significantly related to the financial performance of the banks. (original abstract)
Rocznik
Tom
8
Numer
Strony
65--81
Opis fizyczny
Twórcy
  • Tomas Bata University in Zlín, Czech Republic
  • The Paneuropean University, Bratislava, Slovakia
  • University of Business and Law, Ostrava, Czech Republic
  • University of Business and Law, Ostrava, Czech Republic
Bibliografia
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  • Belás, J., Cipovová, E., Demjan, V. (2014), Current trends in area of satisfaction of banks´ clients in the Czech Republic and Slovakia, Transformation in Business & Economics, Vol. 13, Issue 3, pp. 219-234.
  • Belás, J., Demjan, V. (2014), Bank customers satisfaction: case studies from Czech Republic, Actual problems of economics, No. 12(162), pp. 315-323.
  • Belás, J., Gabčová, L. (2014), Reasons for satisfaction and dissatisfaction of bank customers. Study from Slovakia and the Czech republic, International Journal of Entrepreneurial Knowledge, Issue 1, Vol. 2, pp. 4-13.
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  • Burianová, L., Paulík, J. (2014), Corporate Social Responsibility in Commercial Banking - A Case Study from the Czech Republic, Journal of competitiveness, Vol. 6, Issue 1, pp. 50-70.
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  • Dahlsrud, A. (2008), How corporate social responsibility is defined: an analysis of 37 definitions, Corporate Social Responsibility and Environmental Management, 15(1), pp. 31-48.
  • Fassin, Y., Gosselin, D. (2011), The Collapse of a European Bank in the Financial Crisis: An Analysis from Stakeholder and Ethical Perspectives, Journal of Business Ethics, 102(2), pp. 169-191.
  • Friedman, M. (1970), The Social Responsibility of Business is to Increase its Profits, New York Times.
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  • Grigoroudis, E., Tsitsiridi, E., Zopounidis, C. (2013), Linking customer satisfaction, employee appraisal, and business performance: an evaluation methodology in the banking sector, Annals of Operations Research, 205(1), pp. 5-27.
  • Khan, M. M., Fasih, M. (2014), Impact of Service Quality on Customer Satisfaction and Customer Loyalty: Evidence from Banking Sector, Pakistan Journal of Commerce and Social Sciences, 8(2), pp. 331-354.
  • Kotler, P., Lee, N. (2005), Corporate social responsibility: doing the most good for your company and your cause, Hoboken.: John Wiley & Sons.
  • Loureiro, S., Sardinha, I. M. D., Reijnders, L. (2012), The effect of corporate social responsibility on consumer satisfaction and perceived value: the case of the automobile industry sector in Portugal, Journal of cleaner production, 9(2), pp. 59-74.
  • McDonald, L., Rundle-Thiele, S. (2008), Corporate social responsibility and bank customer satisfaction: a research agenda, International Journal of Bank Marketing, 26(3), pp. 170-182.
  • Munari, L., Ielasi, F., Bajetta, L. (2013), Customer satisfaction management in Italian banks, Qualitative Research in Financial Markets, 5(2), pp. 139-160.
  • Pérez, A., Del Bosque, I. R. (2012), The Role of CSR in the Corporate Identity of Banking Service Providers, Journal of Business Ethics, 108(2), pp. 145-166.
  • San-Jose, L., Retolaza, J. L., Gutierrez-Goiria (2011), Are Ethical Banks Different? A comparative analysis using Radical Afffinity Index, Journal of Business Ethics, 11(10), pp. 151-173.
  • Scholtens, B. (2009), Corporate Social Responsibility in the International Banking Industry, Journal of Business Ethics, 86(2), pp. 159-175.
  • Sigurthorsson, D. (2012), The Icelandic Banking Crisis: A Reason to Rethink CSR? Journal of Business Ethics, 111(2), pp. 89-101.
  • Soana, M. G. (2011), The Relationship Between Corporate Social Performance and Corporate Financial Performance in the Banking Sector, Journal of Business Ethics, 104(1), pp. 133-148.
  • Tea, G., Paulišič, M., Krstinič-Nižič, M. (2011), Bank Commitment to Etics, Information Management and Business Review, 3(5), pp. 250-263.
  • Yeung, S. (2011), The role of banks in corporate social responsibility, Journal of Applied Economics and Business Research, 1(2), pp. 103-115.
  • Watkins, J. P. (2011), Banking Ethics and the Goldman Rule, Journal of Economic Issues, Vol. XLV, No. 2, pp. 101-119.
Typ dokumentu
Bibliografia
Identyfikatory
Identyfikator YADDA
bwmeta1.element.ekon-element-000171393625

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