Identifying the Factors Influence Turkish Deposit Banks to Join Corporate Social Responsibility Activities by Using Panel Probit Method

Abstract

This study aims to determine the influencing factors of the banks to join corporate social responsibility activities. Within this scope, annual data of 23 deposit banks in Turkey for the periods between 2005 and 2015 was taken into the consideration. In addition to this situation, panel probit model was used in the analysis so as to achieve this objective. According to the results of the analysis, it was determined that there is a negative relationship between CSR activities and nonperforming loans ratio. This situation shows that banks do not prefer to make social responsibility activities in case of higher financial losses. In addition to this situation, it was also identified that there is a positive relationship between return on asset and corporate social responsibility activities of the banks. In other words, it can be understood that Turkish deposit banks, which have higher profitability, joint more CSR activities in comparison with others.

Keywords: {'name': 'CSR'}, {'name': 'banks'}

Authors & affiliations

Serhat Yuksel
Affiliation not supplied

Mustafa Ozsari
Affiliation not supplied

Deposited references

Supplied references, not a list of publications citing this article.

DOI: 10.1002/(SICI)1097-0266(200005)21:5<603::AID-SMJ101>3.0.CO;2-3

DOI: 10.1108/17465680810852748

Adeyeye, P. O., & Migiro, S. O. (2015). An investigation on Nigerian banks’ status using early-warning signal. Banks and Bank Systems, 10(1), 42-53.

DOI: 10.1108/CG-04-2014-0044

DOI: 10.1108/14720700810879169

DOI: 10.1509/jmkg.67.2.76.18609

DOI: 10.1108/13563280610680821

Clarkson, P. M., Li, Y., Richardson, G., & Tsang, A. (2015). Voluntary External Assurance of Corporate Social Responsibility Reports and the Dow Jones Sustainability Index Membership: International Evidence. Unpublished working paper, UQ Business School.

DOI: 10.1016/j.jbankfin.2016.04.024

DOI: 10.1108/EMJB-01-2015-0003

DOI: 10.20525/ijdsa.v1i1.1415

Dusuki, A. W., & Dar, H. (2007). Stakeholders’ perceptions of corporate social responsibility of Islamic banks: Evidence from Malaysian economy. Islamic Economics and Fıinance, 249-277.

DOI: 10.2139/ssrn.2708589

DOI: 10.2139/ssrn.107725

DOI: 10.1016/S0363-8111(99)80142-8

DOI: 10.3386/w17038

DOI: 10.1108/17590811111170539

DOI: 10.1287/mnsc.2014.2038

DOI: 10.1016/S0022-1996(96)01441-9

DOI: 10.1016/j.jbankfin.2010.12.002

Gujarati, D. (1988). Basic Econometrics. McGraw Hill International Edition.

DOI: 10.1177/0272431699019002004

DOI: 10.3329/jbt.v10i2.29467

DOI: 10.5465/ambpp.2015.11018abstract

Harrington, A. R. (2011). Corporate social responsibility, globalization, the multinational corporation, and labor: an unlikely alliance. Alb. L. Rev., 75, 483-509.

DOI: 10.1108/17538391011072417

DOI: 10.1108/02652321011085176

DOI: 10.1002/smj.2268

Islam, Z. M., Ahmed, S. U., & Hasan, I. (2012). Corporate social responsibility and financial performance linkage: Evidence from the banking sector of Bangladesh. Journal of Organizational Management, 1(1), 14-21. Available at SSRN: https://ssrn.com/abstract=1999140

DOI: 10.1108/17471110910977276

DOI: 10.1108/IJBM-04-2015-0060

DOI: 10.1016/S0304-3878(00)00082-1

DOI: 10.1016/j.techsoc.2008.10.004

DOI: 10.1111/j.1468-2370.2009.00277.x

Lins, K., Servaes, H., & Tamayo, A. (2015). DP10399 Social Capital, Trust, and Firm Performance during the Financial Crisis.

DOI: 10.1108/02652320810864643

DOI: 10.1016/S0922-1425(00)00038-4

Oktar, S., & Dalyancı, L. (2010). Finansal Kriz Teorileri ve Türkiye Ekonomisinde 1990 Sonrası Finansal Krizler. İktisadi ve İdari Bilimler Dergisi, 29(2), 1-22.

DOI: 10.14780/iibd.51360

DOI: 10.1007/s10551-013-1979-5

DOI: 10.20547/jms.2014.1502203

DOI: 10.1016/j.jbusres.2014.06.024

DOI: 10.1007/s10551-008-9841-x

DOI: 10.1111/j.1530-9134.2007.00157.x

Singh, T. R. (2010). An ordered probit model of an early warning system for predicting financial crisis in India. IFC Bulletin, 25, 185.

DOI: 10.1016/j.jbankfin.2013.04.023

DOI: 10.1007/s10551-014-2230-8

DOI: 10.20525/ijfbs.v4i4.35