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The relationship between corporate social responsibility disclosures and financial performance: a mediating role of employee productivity

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Abstract

This study is trying to explore the relationship between corporate social responsibility (CSR) disclosures and financial performances (FP) through mediating role of the employee productivity (EP). This study classifies the CSR performances into four contexts, for instance, environment social governance (ESG), environmental improvement activity scores of CSR, social welfare activity score, and governance structure improvement score. The banking performance is classified into three different aspects such as returns on assets (ROA), returns on equity (ROE), and nominal interest margin profit (NIMP). The study covers the data set start from 2008 to 2019 regarding thirty commercial banks of China. The study uses the linear, non-linear, and quadratic techniques to explore the association between CSR disclosures and banking performances. The linear model result shows that the governance score is significant influencing the banking performance. Moreover, the employee productivities are also positive significant affecting the baking performances. The non-linear results of model show that composite score of ESG with employee productivity has significant influence on financial performance.

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Authors and Affiliations

  1. Business School, Sichuan University, Chengdu, China

    Raza Ali Tunio, Ghansham Das & Jin Xiao

  2. School of Economics, Sichuan University, Chengdu, China

    Riaz Hussain Jamali

  3. College of Management, Sichuan Agricultural University, Ya’an, China

    Aamir Ali Mirani

  4. College of Economics, Sichuan Agricultural University, Ya’an, China

    Mushtaque Ahmed Laghari

Authors
  1. Raza Ali Tunio
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  2. Riaz Hussain Jamali
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  3. Aamir Ali Mirani
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  4. Ghansham Das
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  5. Mushtaque Ahmed Laghari
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  6. Jin Xiao
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Contributions

Mr. Raza Ali Tunio has completed the analysis part, while Mr. Riaz Hussain Jamali wrote introduction part; Mr. Aamir Ali Mirani has written literature review part; Mr. Ghansham Das wrote methodology section; Mr. Mushtaque Ahmed Laghari wrote the conclusion and abstract parts and A/Professor Jin Xiao proofreads the whole paper and adjusts the paper according to journal format.

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Correspondence to Raza Ali Tunio or Jin Xiao.

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Tunio, R.A., Jamali, R.H., Mirani, A.A. et al. The relationship between corporate social responsibility disclosures and financial performance: a mediating role of employee productivity. Environ Sci Pollut Res 28, 10661–10677 (2021). https://doi.org/10.1007/s11356-020-11247-4

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