Zoekopdracht:
faculteit: "FGw" en publicatiejaar: "2009"
| Auteur | E. Coerwinkel | | Titel | Gaping Gaps in CSR at Banks: An inquiry into the CSR practice, what it can and cannot achieve. |
| Begeleiders | E.R. Engelen, H.O. Dijstelbloem |
| Jaar | 2009 |
| Pagina's | 93 |
| Faculteit | Faculteit der Geesteswetenschappen | | Opleiding | FGw MA Wijsbegeerte (onderzoeksmaster) |
| Trefwoorden | Corporate responsibility; Banks; Financial stability; Coporate governance; Ownership of the firm |
| Samenvatting | The current (2007-2008) financial crisis will mark our collective memory for the years to come and is already producing shifts in a number of our paradigms over markets, financial institutions, their governance and their regulation. Banks have a responsibility in the recent financial crisis. To establish this responsibility, a fairly radical critique of corporate responsibility is undertaken, which establishes how corporate responsibility has developed largely as a defensive response to pressures from the most active stakeholders, namely the NGOs. NGOs have skewed Corporate Responsibility to their agendas of environment, working conditions and minority protection related issues. Besides, NGOs have often neglected to see where corporate responsibility should stop and where political deliberation should take over. The notion of responsibility itself is still problematic when it concerns complex organizations and this complexity needs to be addressed, among others, in adequate governance models. Banks and Financial Institutions have not, so far, undertaken a true reflexive thinking process about what their coporate responsibility really is and how it should be managed within the firm. This essay tries to show that if they had done so, they would have come tot this same conclusion: financial stability is one of their most prominent corporate responsibility and one that deserves to be put at the very heart of their social reports.
While this essay addresses key notions such as collective (corporate) and individual responsibility, governance, stakeholder relations and the articulation of the firm and policital deliberations, it focuses essentially on the financial world and rests its demonstration on chosen examples and empirical work taken from the financial community. Written by a practitioner, this essay does not pretend to develop or endorse a paricular theory. It uses a pluralistic theoretical approach tot address a complex and multifaceted issue |
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