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Corporate Social Responsibility And Sustainability In Romanian Commercial Banks

Author

Listed:
  • Vasile Cocris

    (Faculty of Economics and Business Administration, "Al. I. Cuza" University, Iasi, Romania)

  • Andra Lavinia Nichitean

    (Faculty of Economics and Business Administration, "Al. I. Cuza" University, Iasi, Romania)

Abstract

The research paper aims to underline the importance of civic behavior in business and bank’s role in the implementation of sound principles of corporate social responsibility. The authors analyzed terms such as corporate social responsibility, sustainable development, fi-nancial stability and the relationship between them, in order to explain their impact on the proper function of world economy. The authors provided a synthesis of corporate social responsibility principles and codes of con-duct as well as an overview of the consumer protection system in Romanian financial sector. The article furnishes examples of good practices in the Romanian banking sector compared to the European one, realizing a case study on Group Societe Generale’s corporate social responsibility mission statement."

Suggested Citation

  • Vasile Cocris & Andra Lavinia Nichitean, 2010. "Corporate Social Responsibility And Sustainability In Romanian Commercial Banks," Analele Stiintifice ale Universitatii "Alexandru Ioan Cuza" din Iasi - Stiinte Economice (1954-2015), Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, vol. 57, pages 129-144, november.
    • Handle: RePEc:aic:journl:y:2010:v:57:p:129-144
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    File URL: http://anale.feaa.uaic.ro/anale/resurse/fin4cocris.pdf
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    File URL: http://anale.feaa.uaic.ro/anale/ro/Arhiva%202010n-Cocris_Nichitean/360
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    Citations

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    Cited by:

    1. Magdalena Ziolo & Beata Zofia Filipiak & Iwona Bąk & Katarzyna Cheba, 2019. "How to Design More Sustainable Financial Systems: The Roles of Environmental, Social, and Governance Factors in the Decision-Making Process," Sustainability, MDPI, vol. 11(20), pages 1-34, October.

    More about this item

    Keywords

    banking; corporate social responsibility; financial stability; sustainable development; consumer protection;
    All these keywords.

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility

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