Corporate Social Responsibility Engagement as a Determinant of Bank Reputation: An Empirical Analysis

Abstract

The relationships between sustainable behavior, firm reputation, and economic performance are significant issues that continue to become more important. Corporate reputation has important implications for economic performance while corporate social responsibility engagement is considered a key determinant of reputation. The aim of this study is to empirically test such relationships regarding the banking sector and for the sub-prime crisis period (2008–2012). We apply our hypothesis to 75 large international banks using Reputation Institute and ASSET4 data and adopting a multiple econometric approach. Our initial results are encouraging and consistent with the existing literature: bank reputation is positively related to accounting performance and is negatively related to leverage and riskiness profiles. However, while a positive relationship between reputation and social performance exists, relationships between reputation, corporate governance, and environmental performance are always negative. We discuss these results by identifying related causes and by presenting avenues for future research.


Autore Pugliese

Tutti gli autori

  • Dell’Atti S. , Trotta A. , Iannuzzi A.P. , De Maria F.

Titolo volume/Rivista

CORPORATE SOCIAL-RESPONSIBILITY AND ENVIRONMENTAL MANAGEMENT


Anno di pubblicazione

2017

ISSN

1535-3966

ISBN

Non Disponibile


Numero di citazioni Wos

Nessuna citazione

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Numero di citazioni Scopus

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Settori ERC

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Codici ASJC

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