“CSR leads to economic growth or not”: an evidence-based study to link corporate social responsibility (CSR) activities of the Indian banking sector with economic growth of India

IF 1.9 Q2 ETHICS

Asian Journal of Business Ethics Pub Date : 2022-03-01 DOI:10.1007/s13520-022-00142-5

Eliza Sharma, M. Sathish

引用次数: 10

Abstract

The study aims to measure the link between CSR and economic growth. This study investigates whether CSR expenses shown by the banks are contributing to the sustainability of an emerging economy like India. For this study, CSR spending of 21 commercial banks, on nine development areas of the Indian economy, the human development index of India, and its indicators along with the growth rate of GDP of India and state-wise GDP for the year 2014-2015 to 2017-2018 have been taken as secondary data. The research techniques used are the case analysis method, correlation, and descriptive analysis. The study highlights that CSR activities are more of a myth and a far-reaching possibility in developing nations like India, where most institutions are engrossed in such activities to gain laurels and secure investors from the globe.

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“企业社会责任是否带动经济增长”:印度银行业企业社会责任活动与印度经济增长的实证研究

该研究旨在衡量企业社会责任与经济增长之间的联系。本研究调查了银行所显示的企业社会责任费用是否有助于印度等新兴经济体的可持续性。本研究以21家商业银行在印度经济9个发展领域的企业社会责任支出、印度人类发展指数及其指标，以及2014-2015年至2017-2018年印度GDP增长率和各邦GDP增长率作为辅助数据。使用的研究技术是案例分析法、相关分析法和描述性分析法。该研究强调，在印度等发展中国家，企业社会责任活动更多的是一种神话，是一种深远的可能性，在这些国家，大多数机构都专注于此类活动，以获得荣誉并获得来自全球的投资者。

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

Asian Journal of Business Ethics ETHICS-

CiteScore

2.60

自引率

38.50%

发文量

期刊介绍： The Asian Journal of Business Ethics (AJBE) publishes original articles from a wide variety of methodological and disciplinary perspectives concerning ethical issues related to business in Asia, including East, Southeast and South-central Asia. Like its well-known sister publication Journal of Business Ethics, AJBE examines the moral dimensions of production, consumption, labour relations, and organizational behavior, while taking into account the unique societal and ethical perspectives of the Asian region. The term ''business'' is understood in a wide sense to include all systems involved in the exchange of goods and services, while ''ethics'' is understood as applying to all human action aimed at securing a good life. We believe that issues concerning corporate responsibility are within the scope of ethics broadly construed. Systems of production, consumption, marketing, advertising, social and economic accounting, labour relations, public relations and organizational behaviour will be analyzed from a moral or ethical point of view. The style and level of dialogue involve all who are interested in business ethics - the business community, universities, government agencies, non-government organizations and consumer groups.The AJBE viewpoint is especially relevant today, as global business initiatives bring eastern and western companies together in new and ever more complex patterns of cooperation and competition.