Entrepreneurship, Corporate Social Responsibilities, and Innovation Impact on Banks' Financial Performance

Area of Science:

• Business & Economics
• Financial Management
• Corporate Governance

Background:

• The banking sector's financial performance is influenced by strategic initiatives.
• Innovation, CSR, and entrepreneurship are key drivers of corporate success.
• Understanding their impact on banks globally is crucial for sustainable growth.

Purpose of the Study:

• To examine the impact of innovation, CSR, and entrepreneurship on bank financial performance.
• To analyze the relationship between these factors and innovative workforce activities.
• To provide insights into the relevance of entrepreneurship and CSR in banking.

Main Methods:

• Utilized secondary data from 25 Islamic and conventional banks across Qatar, Pakistan, China, the US, and France.
• Employed descriptive statistical analysis and correlation coefficient tests.
• Conducted ordinary least square regression analysis to determine variable impacts.

Main Results:

• A significant relationship was found between innovation, CSR, entrepreneurship, and bank financial performance (ROA, ROE).
• Entrepreneurship sub-components (board size, meeting frequency, self-employed with large shareholders) showed varied impacts.
• The study confirmed the interconnectedness of these strategic elements.

Conclusions:

• Innovation, CSR, and entrepreneurship are vital for enhancing bank financial performance.
• The findings offer valuable insights for banks seeking to improve profitability and sustainability.
• This research contributes to the ongoing discussion on the strategic importance of CSR and entrepreneurship in finance.