Corporate social responsibility (CSR) communication via social media sites: evidence from the German banking industry

Publikation: Beiträge in ZeitschriftenZeitschriftenaufsätzeForschungbegutachtet

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Corporate social responsibility (CSR) communication via social media sites: evidence from the German banking industry. / Schröder, Philipp.
in: Corporate Communications: An International Journal, Jahrgang 26, Nr. 3, 23.06.2021, S. 636-654.

Publikation: Beiträge in ZeitschriftenZeitschriftenaufsätzeForschungbegutachtet

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@article{808f44a4b50249b9b4e7141bbc1b7d29,
title = "Corporate social responsibility (CSR) communication via social media sites: evidence from the German banking industry",
abstract = "Purpose – This study aims to explore how banks practice corporate social responsibility (CSR) communication on two popular social media sites (SMSs), Facebook and Twitter. Furthermore, this study examines CSR communication strategies on SMSs, including the levels of communication direction and communication balance.Design/methodology/approach – Data were extracted from Facebook and Twitter over a five-year period (2015–2019), and content analysis was performed. The research setting was the German banking industry. Findings – The results indicate that the number of banks using SMSs to communicate CSR-information increased over time. Although the majority of banks{\textquoteright} messages were not related to CSR, the most-referenced (least-referenced) CSR-theme was “society” (“human rights”). On Facebook, banks employed an interacting CSR communication strategy more often than an informing one when communicating CSR activities; on Twitter banks used a balanced mix of communication strategies. In terms of stakeholder engagement, social media users interacted with banks more frequently on Facebook than on Twitter, and banks made efforts to engage in two-way symmetrical communication.Research limitations/implications – Although the sample comprised the most relevant banks in Germany, it was limited to a single national context. Thus, the results may not be generalizable.Originality/value – This study makes a significant contribution to the limited literature on banks{\textquoteright} CSR communication via SMSs, provides new empirical evidence on the use of CSR communication strategies and extends prior research on the direction and balance of communication. Recommendations are provided for banking communication practitioners.",
keywords = "Management studies, Banks, CSR communication, Germany, Social media, Stakeholder",
author = "Philipp Schr{\"o}der",
note = "Funding Information: The author would like to thank Martina Topic (Editor) and two anonymous referees for their valuable comments and suggetions. Financial support from the F?rderverein Bank- und Finanzwirtschaft e.V. (FVBF) is greatly acknowledged. The author retains sole responsibility for all remaining errors. Publisher Copyright: {\textcopyright} 2021, Emerald Publishing Limited.",
year = "2021",
month = jun,
day = "23",
doi = "10.1108/CCIJ-12-2020-0168",
language = "English",
volume = "26",
pages = "636--654",
journal = "Corporate Communications: An International Journal",
issn = "1356-3289",
publisher = "Emerald Publishing Limited",
number = "3",

}

RIS

TY - JOUR

T1 - Corporate social responsibility (CSR) communication via social media sites: evidence from the German banking industry

AU - Schröder, Philipp

N1 - Funding Information: The author would like to thank Martina Topic (Editor) and two anonymous referees for their valuable comments and suggetions. Financial support from the F?rderverein Bank- und Finanzwirtschaft e.V. (FVBF) is greatly acknowledged. The author retains sole responsibility for all remaining errors. Publisher Copyright: © 2021, Emerald Publishing Limited.

PY - 2021/6/23

Y1 - 2021/6/23

N2 - Purpose – This study aims to explore how banks practice corporate social responsibility (CSR) communication on two popular social media sites (SMSs), Facebook and Twitter. Furthermore, this study examines CSR communication strategies on SMSs, including the levels of communication direction and communication balance.Design/methodology/approach – Data were extracted from Facebook and Twitter over a five-year period (2015–2019), and content analysis was performed. The research setting was the German banking industry. Findings – The results indicate that the number of banks using SMSs to communicate CSR-information increased over time. Although the majority of banks’ messages were not related to CSR, the most-referenced (least-referenced) CSR-theme was “society” (“human rights”). On Facebook, banks employed an interacting CSR communication strategy more often than an informing one when communicating CSR activities; on Twitter banks used a balanced mix of communication strategies. In terms of stakeholder engagement, social media users interacted with banks more frequently on Facebook than on Twitter, and banks made efforts to engage in two-way symmetrical communication.Research limitations/implications – Although the sample comprised the most relevant banks in Germany, it was limited to a single national context. Thus, the results may not be generalizable.Originality/value – This study makes a significant contribution to the limited literature on banks’ CSR communication via SMSs, provides new empirical evidence on the use of CSR communication strategies and extends prior research on the direction and balance of communication. Recommendations are provided for banking communication practitioners.

AB - Purpose – This study aims to explore how banks practice corporate social responsibility (CSR) communication on two popular social media sites (SMSs), Facebook and Twitter. Furthermore, this study examines CSR communication strategies on SMSs, including the levels of communication direction and communication balance.Design/methodology/approach – Data were extracted from Facebook and Twitter over a five-year period (2015–2019), and content analysis was performed. The research setting was the German banking industry. Findings – The results indicate that the number of banks using SMSs to communicate CSR-information increased over time. Although the majority of banks’ messages were not related to CSR, the most-referenced (least-referenced) CSR-theme was “society” (“human rights”). On Facebook, banks employed an interacting CSR communication strategy more often than an informing one when communicating CSR activities; on Twitter banks used a balanced mix of communication strategies. In terms of stakeholder engagement, social media users interacted with banks more frequently on Facebook than on Twitter, and banks made efforts to engage in two-way symmetrical communication.Research limitations/implications – Although the sample comprised the most relevant banks in Germany, it was limited to a single national context. Thus, the results may not be generalizable.Originality/value – This study makes a significant contribution to the limited literature on banks’ CSR communication via SMSs, provides new empirical evidence on the use of CSR communication strategies and extends prior research on the direction and balance of communication. Recommendations are provided for banking communication practitioners.

KW - Management studies

KW - Banks

KW - CSR communication

KW - Germany

KW - Social media

KW - Stakeholder

UR - http://www.scopus.com/inward/record.url?scp=85106253957&partnerID=8YFLogxK

U2 - 10.1108/CCIJ-12-2020-0168

DO - 10.1108/CCIJ-12-2020-0168

M3 - Journal articles

VL - 26

SP - 636

EP - 654

JO - Corporate Communications: An International Journal

JF - Corporate Communications: An International Journal

SN - 1356-3289

IS - 3

ER -

DOI

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