The influence of CSR as an element of corporate image on the performance of bank operations
The paper examines the impact of CSR on the financial performance of banks operating in the Republic of Serbia. The research was conducted on the example of seven banks for the period from 2006 to 2019, using panel data analysis. Parameter estimates were obtained using three different estimators, Po...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Association of Serbian Banks
2022-01-01
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| Series: | Bankarstvo |
| Subjects: | |
| Online Access: | https://scindeks-clanci.ceon.rs/data/pdf/1451-4354/2022/1451-43542203010R.pdf |
| _version_ | 1827997272648974336 |
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| author | Radivojević Nikola Damjanović Radojko Dević Željko |
| author_facet | Radivojević Nikola Damjanović Radojko Dević Željko |
| author_sort | Radivojević Nikola |
| collection | DOAJ |
| description | The paper examines the impact of CSR on the financial performance of banks operating in the Republic of Serbia. The research was conducted on the example of seven banks for the period from 2006 to 2019, using panel data analysis. Parameter estimates were obtained using three different estimators, Pooled OLS, fixed effects method, and random effects method. The research results show that two dimensions of CSR have a statistically significant impact on the financial performance of banks; environmental responsibility has a positive influence on the business results expressed through ROA, while respect for the basic principles of business and the success of the bank's business has a negative influence. |
| first_indexed | 2024-04-10T05:25:52Z |
| format | Article |
| id | doaj.art-7c0e470070d34b95aee35f71da5a4844 |
| institution | Directory Open Access Journal |
| issn | 1451-4354 2466-5495 |
| language | English |
| last_indexed | 2024-04-10T05:25:52Z |
| publishDate | 2022-01-01 |
| publisher | Association of Serbian Banks |
| record_format | Article |
| series | Bankarstvo |
| spelling | doaj.art-7c0e470070d34b95aee35f71da5a48442023-03-07T19:28:00ZengAssociation of Serbian BanksBankarstvo1451-43542466-54952022-01-01513-410311451-43542203010RThe influence of CSR as an element of corporate image on the performance of bank operationsRadivojević Nikola0https://orcid.org/0000-0002-6137-4431Damjanović Radojko1Dević Željko2https://orcid.org/0000-0001-8989-0094Akademija strukovnih studija Šumadija, SerbiaMinistarstvo prosvete, nauke i tehnološkog razvoja, Školska uprava, Kragujevac, SerbiaAkademija strukovnih studija kosovsko metohijska, SerbiaThe paper examines the impact of CSR on the financial performance of banks operating in the Republic of Serbia. The research was conducted on the example of seven banks for the period from 2006 to 2019, using panel data analysis. Parameter estimates were obtained using three different estimators, Pooled OLS, fixed effects method, and random effects method. The research results show that two dimensions of CSR have a statistically significant impact on the financial performance of banks; environmental responsibility has a positive influence on the business results expressed through ROA, while respect for the basic principles of business and the success of the bank's business has a negative influence.https://scindeks-clanci.ceon.rs/data/pdf/1451-4354/2022/1451-43542203010R.pdfcsr - corporate social responsibilitypanel analysisfinancial sectorthe performance of bank operations |
| spellingShingle | Radivojević Nikola Damjanović Radojko Dević Željko The influence of CSR as an element of corporate image on the performance of bank operations Bankarstvo csr - corporate social responsibility panel analysis financial sector the performance of bank operations |
| title | The influence of CSR as an element of corporate image on the performance of bank operations |
| title_full | The influence of CSR as an element of corporate image on the performance of bank operations |
| title_fullStr | The influence of CSR as an element of corporate image on the performance of bank operations |
| title_full_unstemmed | The influence of CSR as an element of corporate image on the performance of bank operations |
| title_short | The influence of CSR as an element of corporate image on the performance of bank operations |
| title_sort | influence of csr as an element of corporate image on the performance of bank operations |
| topic | csr - corporate social responsibility panel analysis financial sector the performance of bank operations |
| url | https://scindeks-clanci.ceon.rs/data/pdf/1451-4354/2022/1451-43542203010R.pdf |
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