 Transparency as a Precondition of Systemic Behavior: the Case of European Retailing Banks Regarding Social Responsibility CommunicationMirjana Pejić Bach, Mislav Ante Omazić and Jovana Zoroja Systems Research and Behavioral Science, 2015, vol. 32, issue 2, 256-264 Abstract: Social responsibility (SR) informally promotes systemic behavior by concepts of interdependence and holism in ISO 26000. SR principles demand transparency including communication of SR covered in company communications with its public. Banks are found problematic in transparency world‐wide but are active regarding SR communication, which is especially important because banks critically impact society and its economic development. The banks' role in developing and underdeveloped countries is especially important because of their impact on countries' development, which increases the importance of their SR. Often, banks in these countries are subsidiaries of the large international banks. This article compares SR websites communication of large European multinational banks in their parent and subsidiary countries; content analysis is applied. Results implicate that banks in subsidiary countries have a significantly lower level of SR communication than the parent countries, and the difference tends to be higher in less developed countries. This endangers banks' systemic behavior and the international economy. Copyright © 2014 John Wiley & Sons, Ltd. Date: 2015 Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:bla:srbeha:v:32:y:2015:i:2:p:256-264 Ordering information: This journal article can be ordered from Access Statistics for this article More articles in Systems Research and Behavioral Science from Wiley Blackwell |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.