IDEAS home Printed from https://ideas.repec.org/a/vra/journl/y2017i2p70-78.html
   My bibliography  Save this article

Measures for CSR in the Banking Industry

Author

Listed:
  • Sevgi Mertkan

    (University of Economics - Varna)

Abstract

More and more companies are convinced of the importance and benefits of Corporate Social Responsibility (CSR). The CSR strategy (sometimes referred to as a sustainability strategy) is a key element in a company's competitiveness as it provides benefits from the point of view of risk management, cost savings, access to capital, customer relationships, human resources management and innovation capacity . Nowadays, CSR is also an integral part of the financial sector. Banks' contribution to sustainable practices is paramount given their unique position in the economy. Undertaking CSR activities not only improves banking ethical standards, but also affects the socially responsible behavior of their funded companies. Therefore, it is important to look at the concept of CSR through the prism of the banking sector, followed by a systematic review of reliable CSR measures in banking practice.

Suggested Citation

  • Sevgi Mertkan, 2017. "Measures for CSR in the Banking Industry," Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series, Union of Scientists - Varna, Economic Sciences Section, issue 2, pages 70-78, November.
    • Handle: RePEc:vra:journl:y:2017:i:2:p:70-78
    as

    Download full text from publisher

    File URL: http://www.su-varna.org/izdanij/2017/ikonomika-017-2/70-78.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    corporate social responsibility (CSR); banking sector; measures; codes of conduct; ethical ratings; ethical indices;
    All these keywords.

    JEL classification:

    • A00 - General Economics and Teaching - - General - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:vra:journl:y:2017:i:2:p:70-78. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Pavel Petrov (email available below). General contact details of provider: https://edirc.repec.org/data/uevecea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.