“Corporate Social Responsibility in Commercial banks in Nepal: An assessment”

Prepared by:Mrinal Gaurav

Corporate Social Responsibility in Commercial banks in Nepal

Presentation Outline

Introduction Research Objectives Methods of Research Data Collection Data AnalysisConclusion

Corporate Social Responsibility in Commercial banks in Nepal

Introduction

Corporate Social Responsibility in Commercial banks in Nepal

CSR: CSR is a strategy; to “good” or “desirable” business behaviour.

In Nepal, most of the business leaders and companies contribute cash or kind is mostly due to humanitarian in nature.

CSR in Nepalese Banks; CSR is a new concept in Nepalese corporate world.

CSR is generally related to “morally or ethically” good.

Corporate Social Responsibility in Commercial banks in Nepal

Objectives

Corporate Social Responsibility in Commercial banks in Nepal

To find out the reasons why Nepalese banks have adopted or willing to adopt CSR

What are the motives behind doing so?

How do banks engage in CSR and to what extent?

How banks perceive and carry out CSR?

What main barriers/obstacles enterprises encounter when carrying out CSR?

Corporate Social Responsibility in Commercial banks in Nepal

Methods of Research

Corporate Social Responsibility in Commercial banks in Nepal

A quantitative, non-experimental study (Survey) is used to find out the objectives.

Questionnaire developed based on previous research.

Corporate Social Responsibility in Commercial banks in Nepal

Data Collection

Corporate Social Responsibility in Commercial banks in Nepal

The selection was targeted to reach at least 250 bank employees and bank customers in together.

157 responses were received from 19 commercial banks selected.

Among them, 88 were the bank employees and 69 were the customers

62.8%. of response rate

Questionnaires were distributed and collected by agent.

Corporate Social Responsibility in Commercial banks in Nepal

Data Analysis

Corporate Social Responsibility in Commercial banks in Nepal

Majority of the respondents marked CSR very important .

Stakeholder’s interest, brand reputation and community environmental concern came as the main reasons for adopting CSR .

Philanthropic activities, donation and Volunteering came as the most perceived activities as CSR .

Majority of the responded thought that CSR is a strategy.

With an average score of 3.34 the employee respondents ranked stakeholders as the most important aspect of CSR

Bureaucracy and shareholder interest were emerged as the barriers of CSR.

Corporate Social Responsibility in Commercial banks in Nepal

Conclusion

Corporate Social Responsibility in Commercial banks in Nepal

The findings of the research showed that both banks and the respondents (employees of the banks and customers of the banks) are aware of CSR .

CSR is till seen as Philanthropic activities.

There is a need of awareness and promotion of CSR activities in Nepal as this activity is only limited to few companies.

No evidence of CSR activities by banks yet they claim that they are involved in some kind of CSR activities.

Corporate Social Responsibility in Commercial banks in Nepal

Thank You!!!