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The research paper aims to underline the importance of civic behavior in business and bank’s role in the implementation of sound principles of corporate social responsibility. The authors analyzed terms such as corporate social responsibility, sustainable development, fi-nancial stability and...
Persistent link: https://www.econbiz.de/10008740639
In the modern society the banking system occupies a very important place; it can decisively in-fluence the economy as a whole and the quality of our lives. Therefore its proper functioning is of vital importance. For the well being of a society, lending to both retail and corporate sectors is very...
Persistent link: https://www.econbiz.de/10008693651
The global market liquidity squeeze for securities that initiated in 2007 has increased pressure among banks to sell, pushed down prices, and impacted the market for interbank loans, leading to a funding gap at Northern Rock, Britain’s fifth largest mortgage bank. This paper presents an...
Persistent link: https://www.econbiz.de/10005417605
High standards in the governance of banks and firms are very important for economic growth. Banks have a critical position in the development of economies due to their major role in running the financial system. The banking industry is unique because it is simultaneously consolidating and...
Persistent link: https://www.econbiz.de/10005417632