The corporate social responsibility in the Romanian banking systém

Simple item page
dc.contributor.authorDinu, Vasile
dc.contributor.authorBunea, Mariana
dc.contributor.otherEkonomická fakultacs
dc.date.accessioned2019-11-28T10:20:13Z
dc.date.available2019-11-28T10:20:13Z
dc.description.abstractFor the Romanian banking system, the corporate social responsibility (CSR) concept is not a new one, but its importance raises more and more awareness lately, the financial crisis of 2008 significantly bringing to surface the need to integrate the moral principles in the banking activity. The corporate social responsibility (CSR) takes into account the strategies that help companies to run their business in an ethical way, when talking about the relations to the other members of the society. The CSR can include a wide range of partnerships with the local communities, investments with a real social impact of the corporations (education, art, and environmental protection), developing relations between the firms and their clients, employees and their families. On one hand, the research aims at measuring the level of knowledge of the information regarding the corporate social responsibility of the banks in Romania in the timeframe 2015–2017 and on the other hand, to identify the possible relations between the CSR indexes and the financial performance, seen through the return on assets indicators (ROA) and return on equity indicators (ROE). In order to accomplish these objectives, the research methodology was based on the content analysis method, in order to identify the categories of corporate social responsibility that are included in the CSR index, obtained from the annual reports of the sustainability, published by the analyzed banks. To test the correlations of the dependent and independent variables, there were used correlation techniques and regression of the analyzed data, using the SPSS soft. Even with its limitations, this research can be a very strong source of information and reflection for the decision makers in the Romanian banking sector and more than that, can encourage an even bigger transparency of the information regarding the social and environment responsibility, as well as emphasizing of a performing management under all aspects that are related to the corporate social responsibility.en
dc.formattext
dc.identifier.doi10.15240/tul/001/2019-4-008
dc.identifier.eissn2336-5604
dc.identifier.issn1212-3609
dc.identifier.urihttps://dspace.tul.cz/handle/15240/154267
dc.language.isoen
dc.publisherTechnická Univerzita v Libercics
dc.publisherTechnical university of Liberec, Czech Republicen
dc.publisher.abbreviationTUL
dc.relation.isbasedonAhmed, S. U., Islam, M. Z., & Hasan, I. (2012). Corporate Social Responsibility and Financial Performance Linkage-Evidence from the Banking Sector of Bangladesh. Journal of Organizational Management, 1(1), 14-21.
dc.relation.isbasedonBarnett, M. L., & Salomon, R. M. (2012). Does it pay to be really good? Addressing the shape of the relationship between social and financial performance. Strategic Management Journal, 3(11), 1304-1320. https://doi.org/10.1002/smj.1980.
dc.relation.isbasedonBodet, C., & Lamarche, T. (2007). La responsabilité sociale des entreprises comme innovation institutionnelle. Une lecture régulationniste. Revue de la regulation, 1. http://doi.org/10.4000/regulation.1283.
dc.relation.isbasedonBushman, R. M., & Wittenberg-Moerman, R. (2012). The role of bank reputation in - certifying future performance implications of borrowers’ accounting numbers. Journal of Accounting Research, 50(4), 883-930. https://doi.org/10.1111/j.1475-679X.2012.00455.x.
dc.relation.isbasedonC.E.C. (2001). Homepage of the Commission of the European Communities: Promoting a European Framework for Corporate Social Responsibility. Retrieved from http://europa.eu/rapid/press-release_DOC-01-9_en.pdf.
dc.relation.isbasedonCarroll, A. B. (2000). Ethical challenges for business in the new millennium: Corporate social responsibility and models of management morality. Business Ethics Quarterly, 10(1), 33-42. https://doi.org/10.2307/3857692.
dc.relation.isbasedonCastelo Branco, M., & Lima Rodrigues, L. (2006). Communication of corporate social responsibility by Portuguese banks. Corporate Communications: An International Journal, 11(3), 232-248. http://dx.doi.org/10.1108/13563280610680821.
dc.relation.isbasedonChatterjee, Ch., & Lefcovitch, A. (2009). Corporate social responsibility and banks. Amicus Curiae, 24-28.
dc.relation.isbasedonCheung, P., & Mak, W. (2010). The Relation between Corporate Social Responsibility Disclosure and Financial Performance: Evidence from the Commercial Banking Industry. (Ph.D. Thesis), Beedie School of Business-Segal Graduate School, Vancouver, BC, Canada.
dc.relation.isbasedonChih, H. L., Chih, H. H., & Chen, T. Y. (2010). On the determinants of corporate social responsibility: International evidence on the financial industry. Journal of Business Ethics, 93. 115–135. http://doi.org/10.1007/s10551-009-0186-x.
dc.relation.isbasedonClasson, J., & Dahlström, J. (2006). How can CSR affect company performance. A qualitative study of CSR and its effects. Karlstads Universität: Business Administration Master Thesis.
dc.relation.isbasedonDell’Atti, S., & Trotta, A. (2016). Managing Reputation in The Banking Industry. Theory and Practice. Switzerland: Springer. https://doi.org/10.1007/978-3-319-28256-5.
dc.relation.isbasedonDeutsch, N., & Pintér, É. (2016). The Link between Corporate Social Performance and Corporate Financial Performance in the Banking Sector. In Proceedings of the 12th International Conference on Energy, Environment, Ecosystems and Sustainable Development (EEESD ’16), Venice, Italy, 59–70.
dc.relation.isbasedonFassin, Y., & Gosselin, D. (2011). The Collapse of a European Bank in the Financial Crisis: An Analysis from Stakeholder and Ethical Perspectives. Journal of Business Ethics, 102(2), 169-191. https://doi.org/10.1007/s10551-011-0812-2.
dc.relation.isbasedonFreeman, R. E. (1984). Strategic management: A stakeholder approach. Boston, MA: Pitman.
dc.relation.isbasedonFriedman, M. (1970). The social responsibility of business is to increase its profits. The New York Times Magazine, September 13. https://doi.org/10.1007/978-3-540-70818-6_14.
dc.relation.isbasedonGibbons, D. (2011). Held to account: a review of Corporate Social Responsibility in retail banking from the consumer perspective. London: Centre for Responsible Credit.
dc.relation.isbasedonGolja, T., Paulišič, M., & Krstinić - Nižić, M. (2011). Bank Commitment to Ethics. Information Management and Business Review, 3(5), 250-260. https://doi.org/10.22610/imbr.v3i5.941.
dc.relation.isbasedonGraafland, J. J., & van de Ven, B. W. (2011). The Credit Crisis and the Moral Responsibility of Professionals in Finance. Journal of Business Ethics, 103(4), 605-619. https://doi.org/10.1007/s10551-011-0883-0.
dc.relation.isbasedonHossain, M., & Reaz, M. (2007). The Determinants and Characteristics of Voluntary Disclosure by Indian Banking Companies. Corporate Social Responsibility and Environmental Management, 14, 274–288. http://doi.org/10.1002/csr.154.
dc.relation.isbasedonIcke, B. T., Caliscan, E. N., Ayturk, Y., & Icke, M. A. (2011). An Empirical Research of Ethical Banking in Turkey. Journal of Modern Accounting and Auditing, 7(3), 289-304.
dc.relation.isbasedonJensen, M. C., & Meckling, W. H. (1976). Theory of the firm: Managerial behavior, agency costs and ownership structure. Journal of financial economics, 3(4), 305-360. https://doi.org/10.1016/0304-405X(76)90026-X.
dc.relation.isbasedonKayssar, A. M. (2013). Corporate Social Responsibility Practices of Commercial Banks in Bangladesh: A Case Study on Southeast Bank Ltd. Journal of Business and Management, 12(1), 13-18. https://doi.org/10.9790/487X-1211318.
dc.relation.isbasedonKing, R. G., & Levine, R. (1993). Finance and growth: Schumpeter might be right. The quarterly journal of economics, 108(3), 717-737. https://doi.org/10.2307/2118406.
dc.relation.isbasedonLungu, C. I., Caraiani, Ch., & Dascălu, C. (2011). Cercetări privind raportarea responsabilităţii sociale corporative. Amfiteatru Economic, 13(29), 117-131.
dc.relation.isbasedonMasud, M. A. K., & Hossain, M. S. (2012). Corporate Social Responsibility Reporting Practices in Bangladesh: A Study of Selected Private Commercial Banks. IOSR Journal of Business and Management, 6, 42-47. http://doi.org/10.9790/487X-0624247.
dc.relation.isbasedonMcWilliams, A., & Siegel, D. (1997). Event studies in management research: Theoretical and empiricalissues. Academy of management journal, 40(3), 626-657. https://doi.org/10.5465/257056.
dc.relation.isbasedonMoon, J. (2007). The contribution of corporate social responsibility to sustainable development. Sustainable Development Journal, 15(5), 296–306. https://doi.org/10.1002/sd.346.
dc.relation.isbasedonNedelcu (Bunea) M. (2014). Consiliul de administraţie şi responsabilitatea social. Amfiteatru Economic, 16(37), 815-821.
dc.relation.isbasedonNyamute, W., & Batta, N. (2015). Effect of corporate social responsibility on financial performance in the banking sector evidence from the Nairobi securities exchange. International Journal of Asian Academic Research Associates, 1(26).
dc.relation.isbasedonPalomino, P. R., & Martinez, R. (2011). Human resource management and ethical behaviour: Exploring in the spanish banking industry. Ramon Llull Journal of Applied Ethics, 1(2), 69-88.
dc.relation.isbasedonPérez, A., & del Bosque, I. R. (2012). The Role of CSR in the Corporate Identity of Banking Service Providers. Journal of Business Ethics, 108(2), 145-166. http://dx.doi.org/10.1007/s10551-011-1067-7.
dc.relation.isbasedonPérez, A., & del Bosque, I. R. (2015). How customer support for corporate social responsibility influences the image of companies: Evidence from the banking industry. Corporate Social Responsibility and Environmental Management, 22(3), 155-168. https://doi.org/10.1002/csr.1331.
dc.relation.isbasedonPorter, M. E., & Kramer, M. R. (2007). The link between competitive advantage and corporate social responsibility. Harvard Business Review, 78-84.
dc.relation.isbasedonRendtorff, J. D., & Mattsson, J. (2012). Ethics in the bank internet encounter: an explorative study. Journal of Information, Communication and Ethics in Society, 10(1), 36-51. http://dx.doi.org/10.1108/14779961211210649.
dc.relation.isbasedonRobin, D. (2008). Toward an Applied Meaning for Ethics in Business. Journal of Business Ethics, 89(1), 139-150. https://doi.org/10.1007/s10551-008-9990-y.
dc.relation.isbasedonSaeidi, S. P., Sofian, S., Saeidi, P., Saeidi, P. S., & Saaeidi, S. A. (2015). How does corporate social responsibility contribute to firm financial performance? The mediating role of competitive advantage, reputation, and customer satisfaction. Journal of business research, 68(2), 341-350. https://doi.org/10.1016/j.jbusres.2014.06.024.
dc.relation.isbasedonSan-Jose, L., Retolaza, J. L., & Gutierre-Goiria, J. (2011). Are Ethical Banks Different? A comparative analysis using Radical Afffinity Index. Journal of Business Ethics, 100(1), 151-173. http://dx.doi.org/10.1007/s10551-011-0774-4.
dc.relation.isbasedonSarokin, D., & Schulkin, J. (1991). Environmental Concerns and the Business of Banking. Journal of Commercial Bank Lending, 74(5), 6-19.
dc.relation.isbasedonSimpson, W. G., & Kohers, T. (2002). The link between corporate social and financial performance: Evidence from the banking industry. Journal of Business Ethics, 35(2), 97-109. http://doi.org/10.1023/A:1013082525900.
dc.relation.isbasedonSoana, M. G. (2011). The relationship between corporate social performance and corporate financial performance in the banking sector. Journal of Business Ethics, 104, 133-148. https://doi.org/10.1007/s10551-011-0894-x.
dc.relation.isbasedonStrouhal, J., Gurvitš, N., Nikitina-Kalamäe, M., & Startseva, E. (2015). Finding the Link between CSR Reporting and Corporate Financial Performance: Evidence on Czech and Estonian Listed Companies, Central European Business Review, 4(3), 48-59. https://doi.org/10.18267/j.cebr.132.
dc.relation.isbasedonSurroca, J., Tribó, J. A., & Waddock, S. (2010). Corporate responsibility and financial performance: The role of intangible resources. Strategic management journal, 31(5), 463-490. https://doi.org/10.1002/smj.820.
dc.relation.isbasedonTa?k?n, D. (2015). The relationship between CSR and banks’ financial performance: Evidence from Turkey. Journal Ya?ar University, 21–30. https://doi.org/10.19168/jyu.97694.
dc.relation.isbasedonTjia, O., & Setiawati, L. (2012). Effect of CSR Disclosure to Value of the Firm: Study for Banking Industry in Indonesia. World Journal of Social Sciences, 2, 169-178.
dc.relation.isbasedonUddin, M. B., Hassan, M. R., & Tarique, K. M. (2008). Three Dimensional Aspects of Corporate Social Responsibility. Daffodil International University Journal of Business and Economics, 3(1), 199-212.
dc.relation.isbasedonWaddock, S. A., & Graves, S. B. (1997). The corporate social performance–financial performance link. Strategic management journal, 18(4), 303-319. https://doi.org/10.1002/(SICI)1097-0266(199704)18:4%3C303
dc.relation.isbasedonWu, M. W., & Shen, C. H. (2013). Corporate social responsibility in the banking industry: Motives and financial performance. Journal of Banking & Finance, 37(9), 3529-3547. https://doi.org/10.1016/j.jbankfin.2013.04.023.
dc.relation.isbasedonYeung, S. (2011). The Role of Banks in Corporate Social Responsibility. Journal of Applied Economics and Business Research, 1(2), 103-115. http://www.aebrjournal.org/uploads/6/6/2/2/6622240/4.shirley.pdf.
dc.relation.ispartofEkonomie a Managementcs
dc.relation.ispartofEconomics and Managementen
dc.relation.isrefereedtrue
dc.rightsCC BY-NC
dc.subjectcorporate social responsibilityen
dc.subjectfinancial performancesen
dc.subjectreturn indicatorsen
dc.subjectRomanian banking systemen
dc.subject.classificationG21
dc.subject.classificationM40
dc.subject.classificationG30
dc.titleThe corporate social responsibility in the Romanian banking systémen
dc.typeArticleen
local.accessopen
local.citation.epage133
local.citation.spage119
local.facultyFaculty of Economics
local.filenameEM_4_2019_08
local.fulltextyes
local.relation.abbreviationE+Mcs
local.relation.abbreviationE&Men
local.relation.issue4
local.relation.volume22
Files
Original bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
EM_4_2019_08.pdf
Size:
1.04 MB
Format:
Adobe Portable Document Format
Description:
článek
Download
Collections
Číslo 4