The Relationship Between Corporate Governance and Corporate Social Responsibility Expenditure in Bangladesh: Moderating Role of Firm Value

Q3 Business, Management and Accounting

Indian Journal of Corporate Governance Pub Date : 2020-11-11 DOI:10.1177/0974686220965330

Md Sajjad Hosain

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引用次数: 6

Abstract

This article aims at identifying the relationship between corporate governance (CG) and corporate social responsibility expenditure (CSRE) for the Bangladeshi banking sector. CG has been considered as the single independent variable divided into three components: board size (BS), gender diversity (GD) and board members’ interrelationship (BMI), and CSRE has been considered as the dependent variable. Further, a single moderator—firm value (FV) as been employed in order to test the moderating influence. Annual reports from 2015 to 2019 (5 years) of 35 banking firms have been used as samples. The study utilized Pearson’s correlation coefficient in order to test the direct relationships and regression analysis to test the moderating effects. The analysis has revealed that BS and GD are positively associated with CSRE while BMI has a negative association with CSRE. Furthermore, has been revealed that FV can moderate all the direct relationships. The study is expected to aid researchers in further empirical investigation over this important issue and guide policymakers to obtain more representative outcomes to make constructive decisions regarding CG and CSRE that would, in turn, increase FV.

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孟加拉国公司治理与企业社会责任支出的关系:企业价值的调节作用

本文旨在确定孟加拉国银行业公司治理(CG)和企业社会责任支出(CSRE)之间的关系。CG被认为是单一的自变量，分为董事会规模(BS)、性别多样性(GD)和董事会成员相互关系(BMI)三个组成部分，CSRE被认为是因变量。此外，我们采用单一调节因子-企业值(FV)来检验调节效应。以35家银行2015 - 2019年(5年)年报为样本。本研究采用Pearson相关系数检验直接关系，采用回归分析检验调节效应。分析发现，BS和GD与CSRE呈正相关，BMI与CSRE呈负相关。此外，FV可以调节所有的直接关系。本研究将有助于研究人员对这一重要问题进行进一步的实证研究，并指导政策制定者获得更具代表性的结果，以做出有关CG和CSRE的建设性决策，从而增加FV。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Indian Journal of Corporate Governance Business, Management and Accounting-Business and International Management

CiteScore

2.00

自引率

0.00%

发文量

期刊介绍： Indian Journal of Corporate Governance is a bi-annual refereed journal that provides a forum for discussions and exchanging views on a wide range of corporate governance issues ranging from board practices, independent directors, whistle blower policies and shareholder activism on one hand to media’s role in corporate governance, corporate social responsibility and sustainability reporting on the other. It comprises of research articles, concept papers, case studies and reports providing a blend of theory and practices of corporate governance globally to cater to the interests of practitioners, academics, researchers and policy makers.