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Bank Commitment to Ethics

Author

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  • Tea Golja
  • Krstinić – Nižić
  • Marinela

Abstract

This paper brings theoretical approach of ethics in financial industry as well as research results from Croatian banks. The role of ethics in financial industry becomes every day more important issue, also there are no more questions of ethics institutionalisation - it is a question of ethical behaviour. Research limitation was subject matter so sample was reduced to seven major banks in Croatia which are actively involved in creating ethical values. The paper implies stakeholders’ orientations which assure understanding, learning and improving organisation; as well as identification, development and implementation of appropriate strategy also larger attention in future should be given to institutionalisation of ethics, on every level, because main ethical dilemmas according to bank managers trace roots in society culture. The value of this paper is based on the uniqueness of the research results about ethics in Croatian banks.

Suggested Citation

  • Tea Golja & Krstinić – Nižić & Marinela, 2011. "Bank Commitment to Ethics," Information Management and Business Review, AMH International, vol. 3(5), pages 250-260.
    • Handle: RePEc:rnd:arimbr:v:3:y:2011:i:5:p:250-260
    DOI: 10.22610/imbr.v3i5.941
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    References listed on IDEAS

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    1. Shih‐Fang Lo & Her‐Jiun Sheu, 2007. "Is Corporate Sustainability a Value‐Increasing Strategy for Business?," Corporate Governance: An International Review, Wiley Blackwell, vol. 15(2), pages 345-358, March.
    2. Ryan, Lori Verstegen & Buchholtz, Ann K. & Kolb, Robert W., 2010. "New Directions in Corporate Governance and Finance: Implications for Business Ethics Research," Business Ethics Quarterly, Cambridge University Press, vol. 20(4), pages 673-694, October.
    3. Emanuele Marsiglia & Isabella Falautano, 2005. "Corporate Social Responsibility and Sustainability Challenges for a Bancassurance Company," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 30(3), pages 485-497, July.
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    Cited by:

    1. Olalekan Usiobaifo Asikhia, 2016. "Ethical Banking Determinants across Nations: A Meta-Analysis," Journal of Economics and Behavioral Studies, AMH International, vol. 8(3), pages 115-126.

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