Relationship Between Corporate Social Performance and Financial Performance of Private Sector Banks in India

International Journal of Psychosocial Rehabilitation, Vol. 24, Issue 06, 2020 ISSN: 1475-7192

13 Pages Posted: 24 Jul 2020 Last revised: 27 Aug 2020

See all articles by Dhanasekar Dhamotharan

Dhanasekar Dhamotharan

Department of Commerce and Financial Studies, Bharathidasan University

Murugesan Selvam

Department of Commerce and Financial Studies, Bharathidasan University

Marxia Oli Sigo

National Institute of Technology Sikkim

Dr.V.RAMASAMY

Independent

Date Written: February 19, 2020

Abstract

The effects of Corporate Social Performance on the performance of firms, have been brought out by many studies. But this study proposes to examine the relationship between Corporate Social Performance and Corporate Financial Performance of private sector banks in India. The sample for this study consisted of only top 10 private sector banks. Four variables of Corporate Social Performance and four variables of Corporate Financial Performance were used in this study. The study found that there was positive relationship between Corporate Social Performance and Corporate Financial Performance in private banks of India. In other words, the social performance activities could be improved with the help of financial performance of private sector banks in India.

Keywords: Corporate Social Performance and Corporate Financial Performance M14, G3

JEL Classification: M

Suggested Citation

Dhamotharan, Dhanasekar and Selvam, Murugesan and Sigo, Marxia Oli and Venkatachalam, Dr.V.RAMASAMY, Relationship Between Corporate Social Performance and Financial Performance of Private Sector Banks in India (February 19, 2020). International Journal of Psychosocial Rehabilitation, Vol. 24, Issue 06, 2020 ISSN: 1475-7192, Available at SSRN: https://ssrn.com/abstract=3640073

Dhanasekar Dhamotharan

Department of Commerce and Financial Studies, Bharathidasan University ( email )

Tiruchirappalli
Tamil Nadu
India

HOME PAGE: http://www.bdu.ac.in/

Murugesan Selvam

Department of Commerce and Financial Studies, Bharathidasan University ( email )

Tiruchirappalli
Tamil Nadu
India

Marxia Oli Sigo

National Institute of Technology Sikkim ( email )

Sikkim
India

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