Causal relationship between CSR and FB in banks

Causal relationship between CSR and FB in banks

Blog Article

The present study investigates the impact of corporate social responsibility (CSR) on financial performance (FB) of Lebanese banks.Based on panel data of seven Lebanese banks, a positive relation between CSR and financial performance have been found.The research Changing Tray findings contribute to understand that Lebanese performant banks would adopt volunteer actions that promote social responsibility actions.Moreover, highest profit lead for a better image and legitimacy once the investments are made wrap into human, economic, community development and environmental protection.