Publication:
EFFECTS OF CEO INCENTIVES AND CORPORATE SOCIAL RESPONSIBILITIES ON FINANCIAL PERFORMANCE

No Thumbnail Available
Date
2022
Authors
Sri Utami Ady
Shafi Mohamad
Abdurrahman Adamu Pantamee
Ooi Chee Keong
Vu Minh Hieu
Kwong Wing Chong
Journal Title
Journal ISSN
Volume Title
Publisher
Research Projects
Organizational Units
Journal Issue
Abstract
Banking financial performance is necessary for economic growth globally because the banking sector is the backbone of the economy. Recent economic uncertainty requires examining the banking sector's financial performance and improving accordingly. The present research, thereby, aims to scrutinize the influence of chief executive officers (CEO) incentives, corporate social responsibilities (CSR) such as social and environmental responsibilities, liquidity, and capital structure on the banking financial performance in ASEAN countries. Data from the hundred commercial banks (ten from each country) were taken in the time period of 2016-2020. Moreover, fixed effect model (FEM) was applied to test the association between the constructs. The findings revealed that the CEO incentives, social and environmental responsibilities, liquidity and capital structure are positively and significantly associated with banking financial performance in ASEAN countries. The regulators get help from the current study in formulating the regulation related to the banking sector performance by focusing on the CEO incentives and CSR responsibilities
Description
Keywords
CEO incentives, corporate social responsibilities, banking financial performance, liquidity
Citation