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Corporate social responsibility and financial inclusion: Evaluating the moderating effect of income
Author(s) -
Singh Kuldeep,
Misra Madhvendra,
Yadav Jitendra
Publication year - 2021
Publication title -
managerial and decision economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.288
H-Index - 51
eISSN - 1099-1468
pISSN - 0143-6570
DOI - 10.1002/mde.3306
Subject(s) - financial inclusion , inclusion (mineral) , corporate social responsibility , business , accounting , low income , public economics , finance , economics , public relations , financial services , political science , demographic economics , psychology , social psychology
Financial institutions play a vital role in the implementation of effective CSR in local communities with significant initiatives that support financial inclusion. The findings of this study reveal that CSR has a significant, positive impact on financial inclusion. The study rules out any moderating impact of income on the strength of the relationship between CSR and financial inclusion. The research findings of this study will help policymakers to design effective policies to motivate banking organizations to consider CSR as an effective tool to improve financial inclusion.