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

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Author Info
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.

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Publisher Info
Article provided by CIRIEC-España in its journal CIRIEC-España, revista de economía pública, social y cooperativa.

Volume (Year): (2005)
Issue (Month): 53 (November)
Pages: 351-367
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Handle: RePEc:cic:revcir:y:2005:i:53:p:351-367

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Related research
Keywords: Corporate social responsibility; cooperative principles; credit unions; cultural change; Smith; Owen.;

Find related papers by 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 - - Business Administration - - - Corporate Culture; Social Responsibility
Z13 - Other Special Topics - - Cultural Economics - - - Social Norms and Social Capital; Social Networks Economic Anthropology

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. [Downloadable!] (restricted)
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