The Impact of Corporate Governance and Corporate Social Responsibility on Financial Performance in the Tunisian Banking Sector

Résumé fourni par la source

This study investigates the impact of corporate governance and corporate social responsibility on financial performance in the banking sector.Specifically, it explores the relationship between internal corporate social responsibility, external corporate social responsibility, and three key performance metrics: Return on Assets, Return on Equity, and Tobin's Q.Using a panel data regression model with control variables such as bank size, leverage, age, and macroeconomic factors like inflation and GDP, the analysis reveals that while internal corporate social responsibility has a negative impact on both Return on Assets and Return on Equity, external corporate social responsibility shows a positive and significant effect on these financial performance indicators.The study also highlights the importance of governance mechanisms, with larger board sizes and older banks demonstrating better performance.The findings support stakeholder theory, suggesting that corporate social responsibility practices-both internal and external-enhance a firm's financial performance by improving stakeholder relationships and company reputation.This paper contributes to understanding how corporate social responsibility and governance structures influence financial outcomes in the banking sector.

Ce résumé expose les affirmations des auteurs. BNTIC ne l’interprète pas comme une validation indépendante des résultats.