Corporate Social Responsibility, Financial Performance, Banks, MENA Region.


Accounting | Business


Nowadays, corporations are being held accountable for their actions that affect their surroundings. Thus, corporate social responsibility (CSR) has been integrated in their business models, which can impact their financial performances (FP). Previous researches regarding the relationship between CSR and FP have yielded mixed results. Thus, this research aims at identifying the impact of CSR practices in the environment (ENV), human resources (HR), products and consumers (PC) and community involvement (CI) on FP of 81 commercial banks operating in selected MENA countries for the year 2018. Data were gathered from CSR report and annual report for each bank. The multiple regression analysis reveals that there is a positive significant relationship between CSR practices in HR and PC and FP of MENA banks. However, there is a non-significant relationship between CSR practices in the ENV and CI and FP of these banks. Thus, MENA banks are encouraged to engage in CSR practices revolving around HR and PC in order to enhance their FP.

Author ORCID Identifier

Rasha Mohamad Mahboub - https://orcid.org/0000-0001-5071-0025

Lynn Imad Fawaz - https://orcid.org/0000-0002-9087-1963



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Accounting Commons



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