social engagement may signal high ethical standards of bank managers that tend to maintain financial transparency and are … activities could be used as a tool by bank managers to divert shareholders’ attention and reduce the likelihood of stakeholders … risk. Using a comprehensive sample of 3,528 bank-year observations in 41 countries from 2003 to 2017, we find a positive …

This study analyzes the effect that banks' investments in corporate social responsibility (CSR) have on bank …. Separating bank CSR activities into internally focused and externally focused ones provides evidence on how different … constituents value bank CSR activities. I find that CSR-related value creation is primarily a result of banks' external investments …