Corporate Social Responsibility, Corporate Governance, and Banking Performance in the CEMAC Region
Graduate School of Business
Doctor of Business Administration (DBA)
Corporate Governance, the Central Africa Economic and Monetary Community, Corporate Social Responsibility, Banking Performance
Business | Corporate Finance
Fondem, Divine, "Corporate Social Responsibility, Corporate Governance, and Banking Performance in the CEMAC Region" (2021). Doctoral Dissertations and Projects. 2950.
This researcher examined the effect of corporate governance (CG) and corporate social responsibility (CSR) on banking performance in the Central African Economic and Monetary Community (CEMAC) region. The data was obtained from the Worldwide Governance and the World Bank sovereign database from 2003 to 2018. This study employs the z-score to proxy the CSR factors such as labor force participation rate, population density, and renewable energy. The results reveal that the fixed effects model is superior to the pooled ordinary least square (OLS) and the random-effects model. The findings show that CSR has a significantly positive relationship, while CG has a positive but insignificant relation with banking performance in the CEMAC region. It suggests an ineffective implementation of CG strategies in the entire CEMAC region.