International Journal of Science and Research (IJSR)

International Journal of Science and Research (IJSR)
Open Access | Fully Refereed | Peer Reviewed

ISSN: 2319-7064




Downloads: 125

Survey Paper | Finance | Bangladesh | Volume 8 Issue 8, August 2019


Corporate Social Responsibility and Financial Performance of Business: A Perspective of Selected Retail Sector MSEs in Bangladesh

Md. Touhidul Islam, Md. Iqbal Hossain, Md. Jahangir Alam


Abstract: Though intangible in nature, Corporate Social Responsibility (CSR) is increasingly becoming a necessary requirement for firms in the retail business sector in Bangladesh. The Micro and Small Enterprises (MSE’s) represent a large percentage of the corporate arena of the developing countries, but they do not have adequate attention. Bangladesh is a remarkable country at the present world’s growing economy that has already met several targets of MDG’s and now on the way to achieve the targets of SDG’s. Bangladesh has made strong progress over recent years, reducing poverty and growing the economy by about 7.11 % each year in which MSEs has a great contribution through retail business by incorporating 25 percent of NGDP and employing about 40 percent of the total civilian workforce, 85 percent of industrial jobs, 89 percent of total export earning & 25 percent of total labor force. The study has applied descriptive research design with quantitative approach to determine the extent of each factor in analysis. The sample size of the study was 40 respondents from the 250 target populations. Data was collected through close- ended questionnaire with five-point Likert-scaling instruments. Data was analyzed by using descriptive analysis (means and standard deviation) and multiple regression analysis. The study found that performing CSR activities has great influence on financial performance of business respect to selected retail sector MSEs in Bangladesh. The coefficient of determination (Adjusted R2=0.635) showed that 63.5 % of the success recorded in the MSEs financial performance of business accounted for performing of CSR activities in Bangladesh.


Keywords: Corporate Social Responsibility CSR, MSME‘s, SDG‘s, Retail Business, Financial Performance


Edition: Volume 8 Issue 8, August 2019,


Pages: 2052 - 2057


How to Cite this Article?

Md. Touhidul Islam, Md. Iqbal Hossain, Md. Jahangir Alam, "Corporate Social Responsibility and Financial Performance of Business: A Perspective of Selected Retail Sector MSEs in Bangladesh", International Journal of Science and Research (IJSR), https://www.ijsr.net/get_abstract.php?paper_id=ART2020717, Volume 8 Issue 8, August 2019, 2052 - 2057

How to Share this Article?

Enter Your Email Address


Similar Articles with Keyword 'MSMEs'

Downloads: 124

Research Paper, Finance, Kenya, Volume 7 Issue 3, March 2018

Pages: 1906 - 1910

Credit Accessibility and Entrepreneurship by Youth Groups in Nyamira County, Kenya

Ongwae Nyakondo Eric

Share this Article

Downloads: 132

Research Paper, Finance, Indonesia, Volume 7 Issue 1, January 2018

Pages: 1124 - 1129

Credit Risk Model for Micro, Small, and Medium Enterprise (MSME) Loan at Bank XYZ

Ruslan Abdul Nasser, NunungNuryartono, Hari Wijayanto

Share this Article

Similar Articles with Keyword 'Financial Performance'

Downloads: 1

Doctoral Thesis, Finance, Kenya, Volume 10 Issue 10, October 2021

Pages: 1251 - 1256

Board and Senior Management Oversight Guideline Compliance and Its Effect on Financial Performance of Commercial Banks in Kenya

Magadi Stephene Oloo, Waweru Gabriel, Tanui John Kipkorir

Share this Article

Downloads: 3 | Weekly Hits: ⮙1 | Monthly Hits: ⮙2

Case Studies, Finance, Turkey, Volume 10 Issue 11, November 2021

Pages: 1414 - 1421

The Effect of Budget on Business Financial Performance in Tourism Enterprises

Selim Tartan

Share this Article

Similar Articles with Keyword 'Corporate'

Downloads: 4 | Weekly Hits: ⮙1 | Monthly Hits: ⮙1

Research Paper, Finance, Nigeria, Volume 10 Issue 7, July 2021

Pages: 1485 - 1497

Internal Control System and Return on Assets of Manufacturing Companies Listed in Nigeria

Ogbebor Peter I., Cole Abimbola A., Akinyemi Akindimeji

Share this Article

Downloads: 37

Research Paper, Finance, China, Volume 10 Issue 3, March 2021

Pages: 380 - 384

Study on the Relationship between Institutional Investors and ESG

Li Yujie

Share this Article

Similar Articles with Keyword 'Social'

Downloads: 1

Doctoral Thesis, Finance, Kenya, Volume 10 Issue 10, October 2021

Pages: 1251 - 1256

Board and Senior Management Oversight Guideline Compliance and Its Effect on Financial Performance of Commercial Banks in Kenya

Magadi Stephene Oloo, Waweru Gabriel, Tanui John Kipkorir

Share this Article

Downloads: 5 | Weekly Hits: ⮙1 | Monthly Hits: ⮙1

Masters Thesis, Finance, Kenya, Volume 10 Issue 9, September 2021

Pages: 260 - 267

Effects of Taxation on Public Infrastructure Financing in Nairobi City County, Kenya

Wafula Isabella, Ndede Fredrick

Share this Article

Similar Articles with Keyword 'Responsibility'

Downloads: 37

Research Paper, Finance, China, Volume 10 Issue 3, March 2021

Pages: 380 - 384

Study on the Relationship between Institutional Investors and ESG

Li Yujie

Share this Article

Downloads: 60

Case Studies, Finance, India, Volume 9 Issue 12, December 2020

Pages: 1394 - 1400

A Study on Companies Contribution towards the Sector Improvisation through CSR Activities by Prominent IT Sector Companies

Dr. Poornima Karthikeyan

Share this Article

Similar Articles with Keyword 'CSR'

Downloads: 60

Case Studies, Finance, India, Volume 9 Issue 12, December 2020

Pages: 1394 - 1400

A Study on Companies Contribution towards the Sector Improvisation through CSR Activities by Prominent IT Sector Companies

Dr. Poornima Karthikeyan

Share this Article

Downloads: 121

Research Paper, Finance, Kenya, Volume 6 Issue 10, October 2017

Pages: 1595 - 1601

Effect of Economic Programs on Customer Financial Literacy of Barclays Bank of Kenya

Salome Awuor Oduor, Dr. Dennis Juma

Share this Article
Top