Corporate Social Responsibility: Role of Banks in Bangladesh
Chapter: 1 Introduction
1.1 Background of the Study:
Corporate social responsibility is not a mere blessing by organizations rather it’s a responsibility of them being corporate citizens. Over the years CSR activities have been performed all over the world and to cope with the dynamic business world, this practice has been added to the corporate culture of Bangladesh. It is taking away banks’ attraction to do philanthropic jobs to its society, stakeholders and to the planet. Bangladesh Bank, the monetary authority of Bangladesh, monitors the CSR activities performed by banks on different sectors. As a part of our academic requirement of the “Foundation Training-2015 (2nd Batch), …show more content…
ii. To identify total amount of CSR expenditure by banks in Bangladesh from year 2011 to 2014. iii. To identify the percentage of CSR expenditure by banks on their after tax profit. iv. To conduct a comparative analysis among banks operating in Bangladesh.
1.3 Literature Review:
To integrate the contribution of organizations as corporate citizens of the society, there have been done a lot of studies to identify the better ways to have an impact on the earth. By the way the concept that was applauded by all is CSR. With a view to identify the role of banks in Bangladesh in respect of CSR, we have seen most of the researchers have not focused on this area before. Therefore we have identified the gap based on the task of many researchers and have been very aspirant to see this sector unfocused for the time being. Accordingly The CSR World Wide portal shows that companies are expected, most of all, to engage in charitable works, for example by providing donations or in-company training programs. By now, many CSR dimensions are practiced all over the world (Millan 2006 & Michael 2009). But they didn’t focus on specific sectors’ contribution. Because CSR makes sound business sense, …show more content…
This report will give a general overview on CSR activities of 56 scheduled commercial banks. The comparative contribution on CSR of different Banks has been presented in way that covers the involvement in the development of various sectors in our country.
1.5 Methodology:
The data has been collected from several secondary sources like internet, annual report of different Banks, Review of CSR of Bangladesh Bank. The following methodology has been followed to prepare the
Chapter: 1 Introduction
1.1 Background of the Study:
Corporate social responsibility is not a mere blessing by organizations rather it’s a responsibility of them being corporate citizens. Over the years CSR activities have been performed all over the world and to cope with the dynamic business world, this practice has been added to the corporate culture of Bangladesh. It is taking away banks’ attraction to do philanthropic jobs to its society, stakeholders and to the planet. Bangladesh Bank, the monetary authority of Bangladesh, monitors the CSR activities performed by banks on different sectors. As a part of our academic requirement of the “Foundation Training-2015 (2nd Batch), …show more content…
ii. To identify total amount of CSR expenditure by banks in Bangladesh from year 2011 to 2014. iii. To identify the percentage of CSR expenditure by banks on their after tax profit. iv. To conduct a comparative analysis among banks operating in Bangladesh.
1.3 Literature Review:
To integrate the contribution of organizations as corporate citizens of the society, there have been done a lot of studies to identify the better ways to have an impact on the earth. By the way the concept that was applauded by all is CSR. With a view to identify the role of banks in Bangladesh in respect of CSR, we have seen most of the researchers have not focused on this area before. Therefore we have identified the gap based on the task of many researchers and have been very aspirant to see this sector unfocused for the time being. Accordingly The CSR World Wide portal shows that companies are expected, most of all, to engage in charitable works, for example by providing donations or in-company training programs. By now, many CSR dimensions are practiced all over the world (Millan 2006 & Michael 2009). But they didn’t focus on specific sectors’ contribution. Because CSR makes sound business sense, …show more content…
This report will give a general overview on CSR activities of 56 scheduled commercial banks. The comparative contribution on CSR of different Banks has been presented in way that covers the involvement in the development of various sectors in our country.
1.5 Methodology:
The data has been collected from several secondary sources like internet, annual report of different Banks, Review of CSR of Bangladesh Bank. The following methodology has been followed to prepare the