Corporate social responsibility evaluation by different levels of management of Islamic banks and traditional banks: evidence from banking sector of Bangladesh
The research aims to evaluate different levels of management understanding and performance on Corporate Social Responsibility (CSR) of traditional banks and Islamic banks in Bangladesh. Moreover, the paper points out the philosophy of both banks’ policy makers. The study is exclusively analytical in...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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LLC "CPC "Business Perspectives"
2016-09-01
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| Series: | Problems and Perspectives in Management |
| Online Access: | https://businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/7650/PPM_2016_03cont1_Masud.pdf |
| _version_ | 1818513095071367168 |
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| author | Md. Abdul Kaium Masud Md. Humayun Kabir |
| author_facet | Md. Abdul Kaium Masud Md. Humayun Kabir |
| author_sort | Md. Abdul Kaium Masud |
| collection | DOAJ |
| description | The research aims to evaluate different levels of management understanding and performance on Corporate Social Responsibility (CSR) of traditional banks and Islamic banks in Bangladesh. Moreover, the paper points out the philosophy of both banks’ policy makers. The study is exclusively analytical in nature where 14 banks were selected on the basis of availability of branches in the research area. The research was based on primary data sources through a structured questionnaire. The research findings revealed that there is a gap between policy makers’ assurance of CSR contribution and its real implementation. The analysis found that Islamic banks are better than traditional banks with regard to the implementation of CSR policies. The result also showed that there are still some controversies on CSR performance of Islamic and traditional banks in general. The study also observed that Islamic, as well as traditional banks’ different levels of management conceive that CSR activities are performed by banks for their own interest rather than for social welfare. Therefore, it must be emphasized that good CSR policy is inevitable for all types of banks in Bangladesh. For the betterment of the society, as well as the banks, all levels of management should harmonize their CSR philosophy.
Keywords: corporate social responsibility, management performance, traditional bank, Islamic bank, Bangladesh. JEL Classification: G21, M10, M14 |
| first_indexed | 2024-12-10T23:56:14Z |
| format | Article |
| id | doaj.art-7745da13195f4ac89ca22bd05b745abe |
| institution | Directory Open Access Journal |
| issn | 1727-7051 1810-5467 |
| language | English |
| last_indexed | 2024-12-10T23:56:14Z |
| publishDate | 2016-09-01 |
| publisher | LLC "CPC "Business Perspectives" |
| record_format | Article |
| series | Problems and Perspectives in Management |
| spelling | doaj.art-7745da13195f4ac89ca22bd05b745abe2022-12-22T01:28:36ZengLLC "CPC "Business Perspectives"Problems and Perspectives in Management1727-70511810-54672016-09-0114319420210.21511/ppm.14(3-1).2016.067650Corporate social responsibility evaluation by different levels of management of Islamic banks and traditional banks: evidence from banking sector of BangladeshMd. Abdul Kaium Masud0Md. Humayun Kabir1Assistant Professor, Department of Business Administration, Noakhali Science and Technology University, BangladeshPh D., Senior Lecturer, Department of Accounting, Tshwane University of Technology, South AfricaThe research aims to evaluate different levels of management understanding and performance on Corporate Social Responsibility (CSR) of traditional banks and Islamic banks in Bangladesh. Moreover, the paper points out the philosophy of both banks’ policy makers. The study is exclusively analytical in nature where 14 banks were selected on the basis of availability of branches in the research area. The research was based on primary data sources through a structured questionnaire. The research findings revealed that there is a gap between policy makers’ assurance of CSR contribution and its real implementation. The analysis found that Islamic banks are better than traditional banks with regard to the implementation of CSR policies. The result also showed that there are still some controversies on CSR performance of Islamic and traditional banks in general. The study also observed that Islamic, as well as traditional banks’ different levels of management conceive that CSR activities are performed by banks for their own interest rather than for social welfare. Therefore, it must be emphasized that good CSR policy is inevitable for all types of banks in Bangladesh. For the betterment of the society, as well as the banks, all levels of management should harmonize their CSR philosophy. Keywords: corporate social responsibility, management performance, traditional bank, Islamic bank, Bangladesh. JEL Classification: G21, M10, M14https://businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/7650/PPM_2016_03cont1_Masud.pdf |
| spellingShingle | Md. Abdul Kaium Masud Md. Humayun Kabir Corporate social responsibility evaluation by different levels of management of Islamic banks and traditional banks: evidence from banking sector of Bangladesh Problems and Perspectives in Management |
| title | Corporate social responsibility evaluation by different levels of management of Islamic banks and traditional banks: evidence from banking sector of Bangladesh |
| title_full | Corporate social responsibility evaluation by different levels of management of Islamic banks and traditional banks: evidence from banking sector of Bangladesh |
| title_fullStr | Corporate social responsibility evaluation by different levels of management of Islamic banks and traditional banks: evidence from banking sector of Bangladesh |
| title_full_unstemmed | Corporate social responsibility evaluation by different levels of management of Islamic banks and traditional banks: evidence from banking sector of Bangladesh |
| title_short | Corporate social responsibility evaluation by different levels of management of Islamic banks and traditional banks: evidence from banking sector of Bangladesh |
| title_sort | corporate social responsibility evaluation by different levels of management of islamic banks and traditional banks evidence from banking sector of bangladesh |
| url | https://businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/7650/PPM_2016_03cont1_Masud.pdf |
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