Misje wybranych bankow z perspektywy koncepcji CSR / Missions of Selected Bank from the Perspective of CSR Concept of Socially Responsible Businesses Based on the RESPECT Index

Marika Swieszczak () and Krzysztof Swieszczak ()
Additional contact information
Marika Swieszczak: University of Lodz , Poland
Krzysztof Swieszczak: University of Lodz, Poland

Annales. Ethics in Economic Life, 2016, vol. 19, issue 3, 143-153

Abstract: The way of functioning of commercial banks remained unchanged over the years – from the institutions involved in the distribution of financial products and services turned into organizations aspiring to the title of socially responsible entities. This means that its activities include the interests of many groups, such as customers, employees, shareholders, local communities and contractors. The result is those banks that want to be recognized as socially responsible, take numerous initiatives in areas not related to the sale, such as protection of the environment, voluntary or society. The directions of banks’ activity are determined by the key values, formulated in the mission, which defines the core of the organization and lets them stand out from the competitors. Institutions socially responsible also in this area should take into account the concept of CSR by pointing to various interest groups and taking various forms of activity. The aim of the publication is to analyse the content of the missions of selected commercial banks from the perspective of the various levels of responsibility and groups of interest. The article hypothesized that not all of the analysed commercial banks include in their missions the idea of corporate social responsibility, and those that do are limited to specific areas of action and specific stakeholder groups. The analysis was conducted on the basis of the contents available on the websites of the 10 largest financial institutions in Poland in terms of assets.

Keywords: corporate social responsibility; mission; banking Exchange (search for similar items in EconPapers)
JEL-codes: G21 M14 (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.annalesonline.uni.lodz.pl/archiwum/2016/2016_3_swieszczak_143_153.pdf

Related works:
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:ann:journl:v:19:y:2016:i:3:p:143-153

Access Statistics for this article

Annales. Ethics in Economic Life is currently edited by Joanna Dzionek-Kozlowska

More articles in Annales. Ethics in Economic Life from University of Lodz, Faculty of Economics and Sociology Contact information at EDIRC.
Bibliographic data for series maintained by Joanna Dzionek-Kozlowska ().