Corporate social responsibility and bank liquidity creation
研究发现，声誉好的企业社会责任银行能吸引更多贷款和存款，从而增强流动性创造能力，且该效应因银行规模、资本和金融危机类型而异。
Abstract Under the stakeholder theory hypothesis, reputable corporate social responsibility (CSR) banks are expected to attract more loans and deposits, which in turn strengthens their ability to create liquidity. Our findings support this view. Further analyses reveal that the positive effect of CSR on liquidity creation differs depending on bank size, bank capital, and type of financial crisis. In addition, deposit growth, loan growth, lending rate, and funding rate are potential channels through which CSR influences bank liquidity creation. The findings are not driven by an endogeneity issue.