Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5107531 | The British Accounting Review | 2017 | 44 Pages |
Abstract
This paper investigates the association of philanthropic giving with market-based performance and institutional ownership using data from banks in Bangladesh from 2007 to 2013. Our findings suggest that banks with a higher level of philanthropic giving achieve better performance, with a positive association also found between philanthropic giving and institutional ownership. This implies that institutional owners invest in banks that contribute more to philanthropic activities. These findings should be of interest to managers, regulators and policy makers in countries that share similar financial and socio-economic systems.
Keywords
Related Topics
Social Sciences and Humanities
Business, Management and Accounting
Accounting
Authors
Sudipta Bose, Jyotirmoy Podder, Kumar Biswas,