Investigating the impact of social responsibility on financial performance, financial stability, and financial inclusion of banks

Message:
Article Type:
Research/Original Article (دارای رتبه معتبر)
Abstract:

Social responsibility is an obligation beyond legal and economic requirements in which banks pay attention to ethical issues and participation in economic development while improving the quality of labor, on a larger scale, ie society, and manage their business process in a way that has positive effects on society. To have along. Banks with social and environmental consequences of investing are one of the most sensitive economic enterprises in relation to social responsibility that seek the ethical banking movement for social and economic development in a society. Accordingly, the purpose of this study is to Investigating the impact of social responsibility on financial performance, financial stability and financial inclusion of banks. The sample includes 18 banks listed on the Tehran Stock Exchange during the period 2015 to 2020 and the statistical method used is the composite data regression model. The results of the study indicate that social responsibility has a positive and significant effect on the financial performance of banks. The results also indicate that social responsibility has no significant effect on financial stability and financial capacity of banks. The study of control variables also shows that Tangibility has a negative and significant effect on the financial stability and financial inclusion of banks and bank life has a positive and significant effect on the financial inclusion of banks.

Language:
Persian
Published:
Journal of Financial Accounting, Volume:13 Issue: 51, 2022
Pages:
95 to 126
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