IDEAS home Printed from
   My bibliography  Save this article

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


  • Inmaculada Carrasco

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


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

    Download full text from publisher

    File URL:
    Download Restriction: no

    References listed on IDEAS

    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.
    Full references (including those not matched with items on IDEAS)


    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.

    Cited by:

    1. Carmen Guzmán Alfonso & Francisco J. Santos Cumplido & María de la O Barroso González, 2016. "Cooperativismo, factor empresarial y desarrollo económico: propuesta de un modelo teórico de enlace
      [Cooperativism, entrepreneurship and economic development: a linking theoretical model]
      ," REVESCO: Revista de estudios cooperativos, Universidad Complutense de Madrid, Facultad de Ciencias Económicas y Empresariales, Escuela de Estudios Cooperativos, issue 122, pages 110-134.

    More about this item


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

    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


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cic:revcir:y:2005:i:53:p:351-367. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Rafael Chaves). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.