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JUNE 2011<br />

INTERDISCIPLINARY JOURNAL OF CONTEMPORARY RESEARCH IN BUSINESS VOL 3, NO 2<br />

Evaluating business partners based on social responsibility criteria, considering social<br />

responsibility categories in contracts, and providing equal opportunities for partners to support<br />

social programs ranked as second, third, and fourth positions. The disagreement rate was 0.0593.<br />

5.2.5 Ranking criteria of Community relations<br />

Table 8 shows the weight (W) and ranking (R) of each criteria of Community relations from the<br />

viewpoint of private bank managers.<br />

Of the five criteria of Community relations in private banks, Educating and informing people of<br />

the services and financial affairs of banks (0.289) was the most important criteria and measuring<br />

society’s overall view of its performance (0.128) was the least important one. Giving loans and<br />

other services according to non-discriminatory nationwide, decision-making in order to support<br />

local communities and less prosperous areas, and taking actions in favour of poor people to have<br />

an easier access to financial resources, ranked as second, third, and fourth positions.<br />

The disagreement rate was 0.0740.<br />

5.3 Ranking of all CSR criteria in comparison with each other<br />

Here, all the CSR criteria were compared with each other. Organizational missions (0.103),<br />

codes of ethics (0.097), and formulating organizational strategies (0.082) were ranked as the<br />

most important CSR criteria. On the other hand, evaluating business partners based on CSR<br />

criteria, equal opportunities for partners to support social programs, considering CSR criteria in<br />

contracts, and considering environmental conditions while giving loans and other services earned<br />

the lowest score of just 0.011. The disagreement rate was less than 0.1 (in fact it was 0.072) that<br />

corroborates the comparison.<br />

6. Conclusion and Recommendation<br />

The present study embarked on prioritizing the CSR dimensions and criteria using hierarchical<br />

analytical approach and from the viewpoint of private bank managers. Brice and Wegner(1989),<br />

argue that applying hierarchical analytical approach in the field of CSR not only facilitates the<br />

procedure of decision making for the managers, but it is also a supportive means that prioritizes<br />

CSR categories which ,in turn, provides the possibility of changing human judgement into<br />

measureable criteria to formalize and standardize decisions to allocate social responsibility<br />

resources.<br />

Generally speaking, the findings of the present study corroborate the considerable importance of<br />

leadership in the Iranian private banks. Many other studies have approved the same supposition,<br />

for instance Brice and Wegner (1989), Maignan and Ferrell (2004), sheth(2006) and carina and<br />

sofia (2008) all emphasize on the importance of leadership in CSR. They also believe that an<br />

active, knowledgeable manager competent of the internal and external CSR values and<br />

regulations is of utmost necessity.<br />

The results of interviews with the targeted managers of the study brought up some reasons with<br />

regard to the importance of leadership. “Generally, it is the idea and insight of the highest<br />

executive of the organization that determines its social responsibility in different fields; the<br />

leadership determines organizational missions and policies of CSR; if the leadership is carried<br />

out properly in the organization, even in the static, undesirable conditions, the organization can<br />

successfully carry out its own responsibilities; the most important barrier on the way of social<br />

responsibility is a lack of motivation and stimulant; no progress is achieved until the<br />

organization leadership manifests awareness, accountability, and affirms social responsibility”.<br />

Another remarkable result of the study is the importance of "workplace". Based on the Review<br />

of Literature, paying the staff due attention is one of the most important duties of every<br />

organization. Since the staffs are the backbone of each organization, it is undoubtedly essential<br />

that their requirements are met in the best possible manner. Carina and sofia (2008) argue that it<br />

COPY RIGHT © 2011 Institute of Interdisciplinary Business Research 1134

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