Bangladesh Banking Companies Boost Social Responsibility Efforts, Impacting Corporate Governance.
The article examines how banking companies in Bangladesh report on their social responsibility activities. They looked at data from 2007 to 2011 and found that banks are increasingly disclosing their CSR efforts. Factors like company size, board size, ownership structure, and having independent non-executive directors positively influence CSR reporting. However, profitability and company age have a negative impact. The study suggests that banks need to improve their structured approach to CSR reporting to better align with global standards.