The Societal Responsibility of Banks: An Introduction to a Societal-Oriented Bank Management Theory

Leo Schuster

Chapter 8 in Strategic Challenges in European Banking, 2000, pp 174-180 from Palgrave Macmillan

Abstract: Abstract The requirement of societal responsibility has become increasingly important for banks during the last few years. The responsiveness of banks vis-á-vis the state, the customers, the labour unions and consumer groups is constantly being stressed. However, when one looks more closely at this problem, it is rather difficult to define precisely the phenomenon of societal responsibility of banks. The following analysis tries to clarify this problem.

Keywords: Business Ethic; Corporate Governance; Social Contract; Supervisory Board; Corporate Citizenship (search for similar items in EconPapers)
Date: 2000
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-37736-3_8

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DOI: 10.1057/9780230377363_8

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