Naslov
The Unsustainability of Banking Operations in the Republic of Croatia vis-à-vis Social (Ir-)Responsibility

Autori
Peša, Anita ; Bolfek, Berislav ; Lukavac, Marko

Vrsta, podvrsta i kategorija rada
Poglavlja u knjigama, znanstveni

Knjiga
Social Responsibility and Corporate Governance

Urednik/ci
Mulej, Matjaž ; O’Sullivan, Grazyna ; Štrukelj, Tjaša

Izdavač
Palgrave Macmillan

Grad
Cham

Godina
2020

Raspon stranica
109-142

ISBN
978-3-030-46094-5

Ključne riječi
Banking Risks Stakeholders CNB The Republic of Croatia Social (ir-)responsibility Sustainability

Sažetak
Socially responsible banking operations, i.e. considering their influence on society, interdependence and holistic approach, have become vitally important in the recent decade for long-term business operations, not only for banks themselves, but the entire economy. It is reflected in many ways, from employee relations to their willingness to finance social projects ; but in the context of banking, one essentially needs to address the ethics of the comprehensive/holistic banking operations, i.e. the way how the bank achieves its profit targets. Specifically, the bank should achieve its profitability recognizing social interests, which in the long run leads to a stable banking system relying on a healthy real economy. Unfortunately, banks in the Republic of Croatia focused on short-term profit targets and did not contribute to an increased economic wealth of the country.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA