Corporate Social Responsibility is a commitment beyond the legal and economic requirements in which the company addresses ethical issues and participates in economic development while improving the quality of the workforce on a broader scale, namely society and managing More
Corporate Social Responsibility is a commitment beyond the legal and economic requirements in which the company addresses ethical issues and participates in economic development while improving the quality of the workforce on a broader scale, namely society and managing its business process Banking with the social and environmental consequences of investing is one of the most sensitive enterprises in terms of social responsibility, which is looking for the ethical banking movement for social and economic development in a society. Accordingly, the purpose of this study is to evaluate the impact of the level of disclosure of social responsibility on the financial performance of banks. For the purpose of this study, the data of 10 banks listed in Tehran Stock Exchange during the period 2011-2011 were analyzed using Eviews software. The findings show that the level of disclosure of social responsibility of banks has a positive and significant effect on EBITDA, as well as the level of disclosure of social responsibility of banks has a negative effect. And has a significant effect on the market value to book value (MTB) ratio. These results suggest the need for the central bank to establish standardized standards and the need for integrated reporting to disclose social responsibility in banks.
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