The Effect of Corporate Social Responsibility on Bank Efficiency in Developed Countries

DOI

10.2991/aebmr.k.210616.036How to use a DOI?

Keywords

Corporate social responsibility, Cost Efficiency, Bank

Abstract

This study aims to investigate the effect of CSR on bank cost efficiency. Based on an international sample of 87 banks in 20 developed countries over 2005 - 2018 periods, we apply stochastic frontier estimation procedures to compute bank cost efficiency. In the second stage regression, we use Feasible Generalized Least Square (FGLS) to measure the influence of CSR on bank cost efficiency. Our empirical investigation reveals that CSR has a positive significant impact on bank cost efficiency. The investigation also finds that the effect of CSR on bank efficiency become not significant during crisis period. In addition, we find that CSR performance increased during crisis, while the bank efficiency decreased.

Copyright

© 2021, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Fadli Septianto
AU  - Viverita
PY  - 2021
DA  - 2021/06/17
TI  - The Effect of Corporate Social Responsibility on Bank Efficiency in Developed Countries
BT  - Proceedings of the Sixth Padang International Conference On Economics Education, Economics, Business and Management, Accounting and Entrepreneurship (PICEEBA 2020)
PB  - Atlantis Press
SP  - 245
EP  - 251
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.210616.036
DO  - 10.2991/aebmr.k.210616.036
ID  - Septianto2021
ER  -