EFFECTS OF CORPORATE SOCIAL RESPONSIBILITY ON THE PROFITABILITY OF COMMERCIAL BANKS IN KENYA


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Every business takes birth, survives and grows with the consent and co-operation of the society. The society provides inputs to the business and accepts its output. Naturally the business owes everything to the society. Corporate Social Responsibility denotes organizations’ willingness to take responsibility and accountability for the effects of their activities and decisions. It is concerned with how companies manage the business processes to produce an overall positive impact on society. This study aimed at investigating the relationship between corporate social responsibility and profitability of commercial banks in Kenya. The objectives of this study were to establish the effect of; financial literacy, employee volunteering in community activities, improving community health and supporting education to the community on the profitability of listed Commercial Banks in Kenya. This study engaged a descriptive research design rich in survey. The target population was 43 commercial banks in Kenya. The study used proportionate stratified sampling method with a sample size of 39 commercial banks categorized in three strata: local private, local public and foreign commercial banks. Primary data was collected using questionnaires and secondary data obtained from the bank’s annual financial reports. Chi Square test was done to identify the association between the dependent and independent variable.

EFFECTS OF CORPORATE SOCIAL RESPONSIBILITY ON THE PROFITABILITY OF COMMERCIAL BANKS IN KENYA
For more Info, call us on
+234 8130 686 500
or
+234 8093 423 853

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Details

Type Project
Department Business Administration and Management
Project ID BAM3776
Fee ₦5,000 ($14)
No of Pages 52 Pages
Format Microsoft Word

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