The Social Efficiency for Sustainability: European Cooperative Banking Analysis

Leire San-Jose (), Jose Retolaza () and Eric Lamarque ()
Additional contact information
Jose Retolaza: DEUSTO - Universidad de Deusto
Eric Lamarque: IAE Paris - Sorbonne Business School

Post-Print from HAL

Abstract: This paper seeks to establish the relationship between economic efficiency and social efficiency to analyze the sustainability of banking in Europe. The type-effect has been analyzed, as stakeholder value banks-cooperatives and saving banks-should not be less socially and economically efficient than commercial banks. This European analysis was made using the Bankscope database, as it provides a unique insight into the stakeholder view that clarifies, by an analysis of two-stage boundaries, that there is no single model of social and economic efficiency according to the type of financial entity in Europe. These findings contribute to the social cost paradox and shared value perspective, and more broadly to stakeholder theory. It is established that a tradeoff between economic and social efficiency is not needed. There are different behaviors in different European countries. Moreover, our results could lead to the development of social indicators of the sustainability aspects of organizations without resorting to traditional accounting.

Keywords: risk; social efficiency; banking; cooperative banks; Data Envelopment Analysis (DEA); stakeholder theory; sustainability (search for similar items in EconPapers)
Date: 2018-09-13
New Economics Papers: this item is included in nep-ban, nep-eff and nep-hme
Note: View the original document on HAL open archive server: https://hal.science/hal-02536203v1
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9)

Published in Sustainability, 2018, ⟨10.3390/su10093271⟩

Downloads: (external link)
https://hal.science/hal-02536203v1/document (application/pdf)

Related works:
Journal Article: The Social Efficiency for Sustainability: European Cooperative Banking Analysis (2018)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-02536203

DOI: 10.3390/su10093271

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().