New dimensions of commercial banks’ corporate social responsibility in the Visegrád Group countries
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Author(s)Csaba LentnerLink to ORCID Index: https://orcid.org/0000-0003-2241-782X
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Vitéz NagyLink to ORCID Index: http://orcid.org/0000-0002-1310-7646
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DOIhttp://dx.doi.org/10.21511/bbs.15(2).2020.13
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Article InfoVolume 15 2020, Issue #2, pp. 138-152
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The study focuses on corporate social responsibility, which is of pivotal significance in the banking sectors of the countries of the so-called Visegrád Group, located in the Central European region and representing similar levels of economic development (V4). The aim of this paper is to examine the changes in the CSR activities of notable banks in the V4 countries between 2007, 2013 and 2018. The study consisted of three phases: first, it determined the relevant CSR goals based on the content (document) analysis; then, a questionnaire survey was conducted among banks for three years (2007, 2013, 2018); and finally, the data were analyzed using variance analysis. As a result of the first phase, 15 CSR activities were identified, and as a result of a questionnaire survey, the focus of each CSR area was presented on a spider-web diagram showing a shift in the “priority order” of CSR areas and target groups, in other words, the intensification of activity towards social groups closer to the activities of banks or even clients. Using both qualitative and quantitative methods, this study confirmed with primary research that the focus of CSR activities in the V4 countries has shifted from general societal challenges to climate protection and the development of financial culture. These results were also evidenced by multivariate statistical methods proving a significant change in 66% of the examined areas.
- Keywords
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JEL Classification (Paper profile tab)G21, M14, G24
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References46
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Tables5
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Figures4
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- Figure 1. Radial chart of changes in CSR objectives (2007)
- Figure 2. Radial chart of changes in CSR objectives (2013)
- Figure 3. Radial chart of changes in CSR objectives (2018)
- Figure 4. Radial chart of changes in CSR objectives (2007–2018)
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- Table 1. The sample
- Table 2. The research process and methodology
- Table 3. CSR survey, 2007
- Table 4. Variance analysis results
- Table 5. Scheffé test results
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Financial literacy as a moderator linking financial resource availability and SME growth in Ghana
Joseph Owusu ,
Mohammad Bin Ismail ,
Mohd Hassan Bin Mohd Osman ,
Garry Kuan
doi: http://dx.doi.org/10.21511/imfi.16(1).2019.12
Investment Management and Financial Innovations Volume 16, 2019 Issue #1 pp. 154-166 Views: 2008 Downloads: 527 TO CITE АНОТАЦІЯThe argument holds that visionary and dynamic small and medium enterprises (SMEs) tend to position growth at the centre of strategy. However, there has been a growing body of literature that has examined how financial literacy can support owner-managers
of SMEs in making solid financial decisions that will enhance the growth of their businesses. In the present study, financial literacy and financial resource availability were modelled as different antecedents of SMEs growth. Nevertheless, the boundary condition for such models has received very little attention in the context of Ghana. Accordingly, in regard to resource-based view (RBV) logic, the current research examined the implications of contingency variable financial literacy (proficiency) on the relationship between financial resource availability and SMEs growth, particularly in the context of Ghana. The findings of the current research revealed that high financial literacy led to more positive effect of financial resource availability on SMEs growth. -
Financial evaluation of Tadawul All Share Index (TASI) listed stocks using Capital Asset Pricing Model
Nisa Vinodkumar ,
Hadeel Khalid AlJasser
doi: http://dx.doi.org/10.21511/imfi.17(2).2020.06
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Acknowledgment
This research was funded by the Deanship of Scientific Research at Princess Nourah bint Abdulrahman University through the Fast-Track Research Funding Program. -
Financial well-being – A Generation Z perspective using a Structural Equation Modeling approach
Nisha Shankar ,
Smitha Vinod ,
Rajashree Kamath
doi: http://dx.doi.org/10.21511/imfi.19(1).2022.03
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