Social Audit for Raising CSR Performance of Banking Corporations in Bangladesh

摘要: Social audit, a mechanism to check corporations’ social responsibility performance, can ensure that organizations stay firm on their commitments rather than greenwashing by creating multi party communication platform where stakeholders get chance crosscheck firms’ performances for causes, example, CSR. In the absence of in corporate regulation and well designed framework, corporations try maintain performance similar business i.e. profit purpose driven. Using Bangladesh banking sector as case study, this chapter assesses role an effective audit raising meaningful developing country context. It suggests regulatory framework should focus culture embraces auditing, so are expected align CSR expenditures with expectations. Such development would also assist these making informed decisions.