CORPORATE GOVERNANCE AND CORPORATE SOCIAL RESPONSIBILITY: AN INTREGRATED APPROACH
Date
2024
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Shanker Dev Campus
Abstract
The concept of corporate governance and corporate social responsibility is growing phase
in Nepalese commercial banking sectors. But still there are many areas which have not
been explore by corporate governance on corporate social responsibility. The lack of
awareness among people and employees about the corporate social responsibility and
inability of commercial banking sectors to collaborate with new and different scheme of
corporate governance and corporate social responsibility. The objective of the study was
to empirically examine the impact of corporate governance proxy and their influence on
corporate social responsibility of five commercial banks
This study investigates the Corporate Governance proxy Board Size (BS), Ownership
Structure (OS) and Independent Director (ID) on the Corporate Social Responsibility
(CSR) of five commercial bank in Nepal. The association and impact of determinants of
Corporate Governance (CG) with Corporate Social Responsibility (CSR) have been
assessed by descriptive and regression model of commercial banks out of 5 commercial
banks. The primary data has been used for the study. Four hundred employees working in
five commercial bank has been taken as the sample for the study. This study finds
Corporate Governance (CG) proxy Board Size (BS) have significant and positive
correlation between Social Responsibility (CSR). This study also finds that Ownership
Structure (OS) have significant and positive impact on Corporate Social Responsibility
(CSR) but also Corporate Governance proxy Independent Director (ID) also have positive
and significant influence on Corporate Social Responsibility (CSR). The study suggested
a need for enhancing the training to address the global issue for the employees and also
organization should take part in voluntary activities of commercial banks and also need to
established the separate department for promoting the Corporate Social Responsibility
(CSR) which fosters the impactful relation between society and organization.