Empirical study on the correlation of corporate social responsibility with the banks efficiency and stability

The aim of this paper is to investigate the relationship between the corporate social responsibility concept and the most important characteristics of the banking – efficiency and stability in a sample of twelve Ukrainian banks, which are the biggest one in Ukraine according the National bank of Ukraine (NBU) classification. Our research covers the period from 2006 to 2012. Drawing on the literature review, we pointed out two main hypothesis related to the impact on the corporate social responsibility concept (CSR) of the following independent variables: 1 – efficiency (as a short term period characteristics of banking), 2 – stability (as a long term characteristics of banking).