Author: Sarwar Uddin Ahmed
, Samiul Parvez Ahmed
, Uttam Karmaker
& Rooslan Mizan
Summary:
In this study, we examined the hypothesis that higher corporate social performance results in higher institutional investment for firms in emerging economies like Bangladesh. Aggregated data of eight years with three-point data were examined by using time-series regression analysis, supplemented by data validity and robustness check, to verify the relationship. We find a positive, insignificant but gradually improving relationship between institutional investment and corporate social performance. Our findings concluded that policy-led measures might better work for emerging economies in ensuring social responsibility initiatives.
