School of Management, Zhengzhou University, Henan, China.
School of Economics and Management, North China Electric Power University, Beijing, China.
PLoS One. 2024 Feb 12;19(2):e0297559. doi: 10.1371/journal.pone.0297559. eCollection 2024.
The financial performance of Chinese public and private sector banks is changing over time. There is no stability in the financial performance of Chinese banks which hurts businesses and the market. The purpose of current research was to determine the influence of corporate social responsibility (CSR) on driving the sustainable financial performance of Chinese banks. From methodological perspective, data was collected from 329 banking sector employees from China to partial least square-structural equation model (PLS-SEM) is employed for data analysis. The research used SPSS 24 and Smart PLS 4 as statistical analysis tools. This research confirmed that achieving sustainability in financial performance for Chinese banks can be achieved with CSR influenced by technological innovation, ethical leadership, and government regulations. This research has statistically confirmed that transformational leadership leading to CSR with technological innovation, ethical leadership, and government regulations can make significant improvements in financial performance. The framework developed by current research is a novel contribution to the literature. The findings of this research improve the literature on the banking sector and advanced performance. Furthermore, this research has highlighted significant ways that can help the banking sector employees to improve their financial performance with sustainability.
中国公有和私有部门银行的财务绩效随时间而变化。中国银行业的财务绩效没有稳定性,这对企业和市场造成了伤害。本研究的目的是确定企业社会责任(CSR)对推动中国银行业可持续财务绩效的影响。从方法论的角度来看,数据是从中国的 329 名银行业员工收集的,采用偏最小二乘结构方程模型(PLS-SEM)进行数据分析。本研究使用了 SPSS 24 和 Smart PLS 4 作为统计分析工具。本研究证实,通过技术创新、道德领导力和政府法规影响的企业社会责任,可以实现中国银行业的财务绩效可持续性。本研究从统计学上证实,通过技术创新、道德领导力和政府法规引导的变革型领导可以显著提高财务绩效。本研究提出的框架是对文献的一项新贡献。本研究的结果改进了银行业和高级绩效的文献。此外,本研究还强调了可以帮助银行业员工提高财务绩效可持续性的重要途径。