Corporate Social Responsibility within Credit Institution in Romania
Corporate Social Responsibility (CSR) was long viewed as a costly or charitable measure on the short-run but now it is considered an asset worth having on the long-run. Credit institutions take on a significant role in the process of financial intermediation in the Romanian economy (a bank-based system). For this reason, CSR within these credit institutions is of great concern not only for the individuals but for the whole financial system (an important element to ensure financial stability and avoid systemic risk). In order to evaluate the level of involvement of Romanians’ credit institutions in CSR areas, this study used the content analysis method on the annual reports for a panel of five representative banks.
Volume (Year): XI (2011)
Issue (Month): 2 (May)
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