Platonova, E. and Asutay, M. and Dixon, R. and Mohammad, S. (2018) 'The impact of corporate social responsibility disclosure on financial performance : evidence from the GCC Islamic banking sector.', Journal of business ethics., 151 (2). pp. 451-471.
Abstract
This paper examines the relationship between corporate social responsibility (CSR) and financial performance for Islamic banks in the Gulf Cooperation Council (GCC) region over the period 2000–2014 by generating CSR-related data through disclosure analysis of the annual reports of the sampled banks. The findings of this study indicate that there is a significant positive relationship between CSR disclosure and the financial performance of Islamic banks in the GCC countries. The results also show a positive relationship between CSR disclosure and the future financial performance of GCC Islamic banks, potentially indicating that current CSR activities carried out by Islamic banks in the GCC could have a long-term impact on their financial performance. Furthermore, despite demonstrating a significant positive relationship between the composite measure of the CSR disclosure index and financial performance, the findings show no statistically significant relationship between the individual dimensions of the CSR disclosure index and the current financial performance measure except for ‘mission and vision’ and ‘products and services’. Similarly, the empirical results detect a positive significant association only between ‘mission and vision’ dimension and future financial performance of the examined banks.
Item Type: | Article |
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Full text: | (VoR) Version of Record Available under License - Creative Commons Attribution. Download PDF (Advance online version) (573Kb) |
Full text: | (AM) Accepted Manuscript Available under License - Creative Commons Attribution. Download PDF (473Kb) |
Status: | Peer-reviewed |
Publisher Web site: | https://doi.org/10.1007/s10551-016-3229-0 |
Publisher statement: | © The Author(s) 2016 Open Access This article is distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution, and reproduction in any medium, provided you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license, and indicate if changes were made. |
Date accepted: | 27 May 2016 |
Date deposited: | 12 July 2016 |
Date of first online publication: | 01 July 2016 |
Date first made open access: | 12 July 2016 |
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