Abstract:
This paper scrutinizes the practices of corporate social responsibility
(CSR) by commercial banks in Bangladesh and to assess the need to improve CSR by
such organizations. The purpose of the study is to observe the framework of CSR
areas and contribution to those areas by the Private Commercial Banks (PCB) and
State Owned Banks (SOB) of Bangladesh. This study found that the contribution
amount by commercial banks to CSR activities is very insignificant in proportion to
their profit amount. This study suggests that a proper guideline by Government
regarding CSR contribution, involvement of large corporation in CSR activities and
mandating CSR disclosures in the annual report will fulfill the intended goals of the
corporate organizations and also ensure a successful and sustainable development
of the society.
