Details

Autor(en) / Beteiligte

• Hernaus, Ana Ivanisevic
• Stojanovic, Alen

Titel

Determinants of bank social responsibility: case of Croatia

Ist Teil von

• E+M ekonomie a management, 2015-01, Vol.18 (2), p.117-134

Ort / Verlag

Liberec: Technical University of Liberec

Erscheinungsjahr

2015

Link zum Volltext

Quelle

Free E-Journal (出版社公開部分のみ）

Beschreibungen/Notizen

• Recently financial sector and its responsibilities have come under great scrutiny. This has led to putting more emphasis on social responsibility of financial institutions, primarily banks, due to their powerful and influential position. Banks have an impact not only on financial and economic system, but on a wider community as well. Their socially responsible practices in particular may have important social implications, what is even more emphasized within bank-centric financial systems, typical of CEE countries. Due to a lack of existing research, the aim of the paper is to assess social responsibility of banks at individual and industry level in a specific CEE context. At bank individual level, focus is put on factors of bank size, ownership status and financial performance, while at the bank industry level the structure of granted loans is included in the analysis. The framework for assessing bank social responsibility is derived and adapted from previous research conducted by Cuesta-Gonzalez, et al. [23] and Scholtens [81]. It is applied to Croatian banking sector, while the level of social responsibility is empirically related to factors at bank individual and industry level.