ABSTRACT The relationships between sustainable behavior, ﬁrm reputation, and economic performance are signiﬁcant issues that continue to become more important. Corporate reputation has important implications for economic performance while corporate social responsibility engagement is considered a key determinant of reputation. The aim of this study is to empirically test such relationships regarding the banking sector and for the sub-prime crisis period (2008–2012). We apply our hypothesis to 75 large international banks using Reputation Institute and ASSET4 data and adoptingamultipleeconometricapproach. Ourinitialresults are encouragingand consistent with the existing literature: bank reputation is positively related to accounting performance and is negatively related to leverage and riskiness proﬁles. However, while a positive relationship between reputation and social performance exists, relationships between reputation, corporate governance, and environmental performance are always negative. We discuss these results by identifying related causes and by presenting avenues for future research.
|Titolo:||Corporate Social Responsibility Engagement as a determinant of Bank Reputation: an empirical analysis|
|Data di pubblicazione:||2017|
|Appare nelle tipologie:||1.1 Articolo in rivista|