Corporate social responsibility disclosures and financial performance: Evidence from Polish banks

Łukasz Matuszak , Ewa Różańska


This study examines the impact of corporate social responsibility (CSR) disclosures in Polish commercial banks on their financial performance (ROA, ROE, NIM). Sample consists of 18 banks. Hand collected data from annual reports for the period of 8 years (2008 – 2015). A content analysis is used to measure the level of CSR disclosures and a panel data analysis is employed to examine the CSR-FP relationship. Software: GRETL. Two key findings: (1) There is a positive relationship between banks’ CSR disclosures and their profitability measured by ROA and ROE. However, the relationship between banks’ CSR disclosures and NIM is negative. Statistical analysis reports significant effect of CSR activities on NIM whereas the effect on ROA and ROE is insignificant. (2) Banks’ CSR activities are not dominant predictor of their profitability as compared with control variables. To our best knowledge this research is the first quantitative analysis regarding banking sector in Poland. Further, this study was conducted in emerging market with different socio-economic context and regulations compared to developed market. The findings contribute to and increase the understanding of the relationship between CSR disclosures and FP. Finally, this study has important implications for policy makers, managers, investors, and others.
Author Łukasz Matuszak (WZ / KR)
Łukasz Matuszak,,
- Department of Accounting
, Ewa Różańska (WZ / KR)
Ewa Różańska,,
- Department of Accounting
Publication size in sheets0.9
Book Proceedings of the 12th International Conference Accounting and Management Information Systems AMIS 2017 , Proceedings of the International Conference "Accounting and Management Information Systems ", 2017, Editura ASE, 627 p.
Keywords in EnglishCorporate social responsibility, financial performance, Polish banks
Languageen angielski
Score (nominal)15
Score sourceconferenceIndex
ScoreMinisterial score = 15.0, 15-04-2020, ChapterFromConference
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