Entrepreneurship, Corporate Social Responsibilities, and Innovation Impact on Banks’ Financial Performance

Autor: Jianhua Wei, Rong Xiong, Marria Hassan, Alaa Mohamd Shoukry, Fares Fawzi Aldeek, J. A. Khader
Jazyk: angličtina
Rok vydání: 2021
Předmět:
Zdroj: Frontiers in Psychology, Vol 12 (2021)
Druh dokumentu: article
ISSN: 1664-1078
DOI: 10.3389/fpsyg.2021.680661
Popis: The basic aim of this research was to check the impact of innovation, corporate social responsibilities (CSR), and entrepreneurship on the monetary performance of banks in five different countries: Qatar, Pakistan, China, the United States (US), and France. This research was conducted to measure the relationship of these factors and innovative workforce activities. The secondary data were collected from websites of twenty five banks in different countries, including Islamic and conventional banks. Different econometric analyses, such as descriptive statistical analysis, correlation coefficient test for measuring the interaction, and ordinary least square regression analysis for determining the impact of dependent and independent variables, were carried out. In the present study, entrepreneurship, CSR, and innovation were taken as independent variables. Board size, frequency of assemblies, and self-employed with large shareholders were included as sub-parts of entrepreneurship. On the other hand, the financial performance of banks was taken as the dependent variable. Return on assets (ROA) and return on equity (ROE) were considered parts of economic performance. The overall conclusions drawn in this study showed that there was a significant relationship between all the studied variables. The research provided useful insights into the long-debated question regarding the relevance of entrepreneurship and CSR.
Databáze: Directory of Open Access Journals