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Corporate Social Responsibility Performance and Bank Soundness in Indonesia: Should The Industry Be More Socially Responsible?
Rofikoh Rokhim & Winalda Ajaniara Perdana

Department of Management, Faculty of Economics and Business, Universitas Indonesia


Abstract

This study investigates the impact of corporate social responsibility performance on banks soundness in Indonesian bank during period 2008-2016. Using the OECD standards as CSR scoring indicator, this study found that corporate social responsibility performance have positive impact on banks profitability performance. CSR may affect both the cost and revenue. Although costs increase, revenues increase even more. Therefore, banks in Indonesia have to improve its CSR performance in order to increase its financial performance.

Keywords: corporate social responsibility, bank soundness, Indonesia

Topic: Finance

Link: https://ifory.id/abstract/gGMY4qDUJeWA

Conference: The 3rd International Seminar of Contemporary Research on Business and Management (ISCRBM 2019)

Plain Format | Corresponding Author (Winalda Perdana)

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