Entrepreneurship, Corporate Social Responsibilities, and Innovation Impact on Banks’ Financial Performance

The basic aim of this research was to check the impact of innovation, corporate social responsibilities (CSR), and entrepreneurship on the monetary performance of banks in five different countries: Qatar, Pakistan, China, the United States (US), and France. This research was conducted to measure the...

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Main Authors: Jianhua Wei, Rong Xiong, Marria Hassan, Alaa Mohamd Shoukry, Fares Fawzi Aldeek, J. A. Khader
Format: Article
Language:English
Published: Frontiers Media S.A. 2021-08-01
Series:Frontiers in Psychology
Subjects:
Online Access:https://www.frontiersin.org/articles/10.3389/fpsyg.2021.680661/full
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author Jianhua Wei
Rong Xiong
Marria Hassan
Alaa Mohamd Shoukry
Fares Fawzi Aldeek
J. A. Khader
author_facet Jianhua Wei
Rong Xiong
Marria Hassan
Alaa Mohamd Shoukry
Fares Fawzi Aldeek
J. A. Khader
author_sort Jianhua Wei
collection DOAJ
description The basic aim of this research was to check the impact of innovation, corporate social responsibilities (CSR), and entrepreneurship on the monetary performance of banks in five different countries: Qatar, Pakistan, China, the United States (US), and France. This research was conducted to measure the relationship of these factors and innovative workforce activities. The secondary data were collected from websites of twenty five banks in different countries, including Islamic and conventional banks. Different econometric analyses, such as descriptive statistical analysis, correlation coefficient test for measuring the interaction, and ordinary least square regression analysis for determining the impact of dependent and independent variables, were carried out. In the present study, entrepreneurship, CSR, and innovation were taken as independent variables. Board size, frequency of assemblies, and self-employed with large shareholders were included as sub-parts of entrepreneurship. On the other hand, the financial performance of banks was taken as the dependent variable. Return on assets (ROA) and return on equity (ROE) were considered parts of economic performance. The overall conclusions drawn in this study showed that there was a significant relationship between all the studied variables. The research provided useful insights into the long-debated question regarding the relevance of entrepreneurship and CSR.
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spelling doaj.art-edddbe226b2e4ae899fd9e15a1ef7c5f2022-12-21T21:34:38ZengFrontiers Media S.A.Frontiers in Psychology1664-10782021-08-011210.3389/fpsyg.2021.680661680661Entrepreneurship, Corporate Social Responsibilities, and Innovation Impact on Banks’ Financial PerformanceJianhua Wei0Rong Xiong1Marria Hassan2Alaa Mohamd Shoukry3Fares Fawzi Aldeek4J. A. Khader5Department of Business Administration, Handan Economic and Technological Development Zone, School of Management Engineering and Business, Hebei University of Engineering, Handan, ChinaDepartment of Business Administration, Rajamangala University of Technology Krungthep, Bangkok, ThailandDepartment of Management Sciences, Islamia University of Bahawalpur, Bahawalpurm, PakistanArriyadh Community College, King Saud University, Riyadh, Saudi ArabiaAdministrative Sciences Department, Community College, King Saud University, Riyadh, Saudi ArabiaCollege of Business Administration, King Saud University - Muzahimiyah Branch, Al-Muzahmiya, Saudi ArabiaThe basic aim of this research was to check the impact of innovation, corporate social responsibilities (CSR), and entrepreneurship on the monetary performance of banks in five different countries: Qatar, Pakistan, China, the United States (US), and France. This research was conducted to measure the relationship of these factors and innovative workforce activities. The secondary data were collected from websites of twenty five banks in different countries, including Islamic and conventional banks. Different econometric analyses, such as descriptive statistical analysis, correlation coefficient test for measuring the interaction, and ordinary least square regression analysis for determining the impact of dependent and independent variables, were carried out. In the present study, entrepreneurship, CSR, and innovation were taken as independent variables. Board size, frequency of assemblies, and self-employed with large shareholders were included as sub-parts of entrepreneurship. On the other hand, the financial performance of banks was taken as the dependent variable. Return on assets (ROA) and return on equity (ROE) were considered parts of economic performance. The overall conclusions drawn in this study showed that there was a significant relationship between all the studied variables. The research provided useful insights into the long-debated question regarding the relevance of entrepreneurship and CSR.https://www.frontiersin.org/articles/10.3389/fpsyg.2021.680661/fullentrepreneurshipreturn on assetscorporate social responsibilitiesinnovationreturn on equityboard size
spellingShingle Jianhua Wei
Rong Xiong
Marria Hassan
Alaa Mohamd Shoukry
Fares Fawzi Aldeek
J. A. Khader
Entrepreneurship, Corporate Social Responsibilities, and Innovation Impact on Banks’ Financial Performance
Frontiers in Psychology
entrepreneurship
return on assets
corporate social responsibilities
innovation
return on equity
board size
title Entrepreneurship, Corporate Social Responsibilities, and Innovation Impact on Banks’ Financial Performance
title_full Entrepreneurship, Corporate Social Responsibilities, and Innovation Impact on Banks’ Financial Performance
title_fullStr Entrepreneurship, Corporate Social Responsibilities, and Innovation Impact on Banks’ Financial Performance
title_full_unstemmed Entrepreneurship, Corporate Social Responsibilities, and Innovation Impact on Banks’ Financial Performance
title_short Entrepreneurship, Corporate Social Responsibilities, and Innovation Impact on Banks’ Financial Performance
title_sort entrepreneurship corporate social responsibilities and innovation impact on banks financial performance
topic entrepreneurship
return on assets
corporate social responsibilities
innovation
return on equity
board size
url https://www.frontiersin.org/articles/10.3389/fpsyg.2021.680661/full
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AT alaamohamdshoukry entrepreneurshipcorporatesocialresponsibilitiesandinnovationimpactonbanksfinancialperformance
AT faresfawzialdeek entrepreneurshipcorporatesocialresponsibilitiesandinnovationimpactonbanksfinancialperformance
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