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La ética como eficiencia: la responsabilidad social en las cooperativas de crédito españolas

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Listed:
  • Inmaculada Carrasco

    (Facultad de Ciencias Económicas y Empresariales. Universidad de Castilla-La Mancha)

Abstract

Recently, questions related to Corporate Social Responsibility (CSR) have taken on greater importance. The European Commission defines CSR as a company’s contribution to sustainable development. In the area of European credit unions there are some very interesting examples of companies that are deeply involved in sustainable development and apply very strictly codes of ethics in the normal running of their business. This paper reflects on (i) the need to take another look at the moral teachings of some of the founding fathers of Economics, such as those of Adam Smith or Robert Owen, much of which was scorned after utilitarianism and rationalism triumphed; (ii) society’s tendency towards post-modern values; (iii) the role of Cooperative Principles and Values in new cultural contexts; and (iv) the specific application of both CSR and cooperative values by Spanish credit unions.

Suggested Citation

  • Inmaculada Carrasco, 2005. "La ética como eficiencia: la responsabilidad social en las cooperativas de crédito españolas," CIRIEC-España, revista de economía pública, social y cooperativa, CIRIEC-España, issue 53, pages 351-367, November.
    • Handle: RePEc:cic:revcir:y:2005:i:53:p:351-367
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    References listed on IDEAS

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    1. Michael E. Porter, 1992. "Capital Choices: Changing The Way America Invests In Industry," Journal of Applied Corporate Finance, Morgan Stanley, vol. 5(2), pages 4-16, June.
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    Cited by:

    1. Marcos Carchano & Inmaculada Carrasco & Sebastián Castillo & M. Carmen García-Cortijo, 2021. "The Social Economy as a Factor of Economic Development and Resilience of Population in Rural Areas. A Study of Mediating Effects in Castilla-La Mancha (Spain)," Sustainability, MDPI, vol. 13(10), pages 1-19, May.
    2. Izaskun Agirre Aramburu & Irune Gómez Pescador, 2019. "The Effects of Corporate Social Responsibility on Customer Loyalty: The Mediating Effect of Reputation in Cooperative Banks Versus Commercial Banks in the Basque Country," Journal of Business Ethics, Springer, vol. 154(3), pages 701-719, February.

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    More about this item

    Keywords

    Corporate social responsibility; cooperative principles; credit unions; cultural change; Smith; Owen.;
    All these keywords.

    JEL classification:

    • B12 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Classical (includes Adam Smith)
    • B14 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Socialist; Marxist
    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
    • Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification

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