Social responsibility in the banking sector: Experience from Serbia

Stojanović-Aleksić, Vesna; Erić-Nielsen, Jelena; Bošković, Aleksandra

doi:10.5937/bankarstvo1602034s

Cited by 5 publications

(1 citation statement)

References 3 publications

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“…The external dimension of social responsibility applies to all external stakeholders and often to the wider regional and even global environment. In the other words, the key element of the external accountability is associated with responsible behavior toward the environment (Stojanović-Aleksić et al, 2016). ISO 26000 -Guideliness for Social Responsibility (ISO, 2010) replaces the concept of corporate social responsibility (CSR) with the concept of social responsibility.…”

Section: Corporate Social Responsibilitymentioning

confidence: 99%

Corporate Governance and Corporate Social Responsibility Synergies: A Systemic Approach

Nikolić

Zlatanović

2018

Naše Gospodarstvo/Our Economy

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Respecting the importance of corporate governance (CG), particularly various corporate governance mechanisms for improving corporate social responsibility (CSR) activities, the paper highlights relevant CG–CSR synergies from the perspective of systems thinking. The paper further aims to demonstrate the ways in which selected systems methodologies can support CG–CSR synergies. Accordingly, we selected appropriate systems methodologies, such as dialectical systems theory, soft systems methodology, and system dynamics. We defined the dialectical system, consisting of essential corporate governance mechanisms, which contribute to CSR; we also identified the key stakeholders and their perceptions of CG–CSR relations through CATWOE analysis; thus, the appropriate root definition and conceptual model, including the activities that are relevant for CG–CSR relations, were developed. Developed systemic framework provided a relevant methodological support to highlight the various issues of corporate governance, such as institutional framework, market for corporate control, ownership structure, board structure, and their contribution to CSR.

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Section: Corporate Social Responsibilitymentioning

confidence: 99%

Corporate Governance and Corporate Social Responsibility Synergies: A Systemic Approach

Nikolić

Zlatanović

2018

Naše Gospodarstvo/Our Economy

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Relation Between Internal Social Responsibility and Job Satisfaction in Serbian Service Companies

Damnjanović

2023

CSR, Sustainability, Ethics &Amp; Governance

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Assessing the level of implementation of corporate social responsibility in Serbian banking sector

Jolović¹,

Đuričin²

2020

Civitas

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The integration of the social, economic, and environmental dimension of business into day-to-day business operations is a basic feature of corporate social responsibility. The new millennium saw the concept of social responsibility introduced in the Serbian banking sector. Originally perceived as a risky and intriguing phenomenon, today it is an indispensable part of many Serbian banks' business. For this reason, the aim of the research is to assess the level of implementation of corporate social responsibility in the Serbian banking sector. The sample consisted of a number of active and systemically important banks in the Republic of Serbia. We examined the propensity of Serbian banking entities to behave responsibly towards the community, the environment, their employees, investors, clients, and suppliers. For the purpose of this research, descriptive statistics, analysis and synthesis techniques, and a detailed analysis of scientific publications by Serbian and foreign authors from the relevant field were used. The results supported the premise that the Serbian banking sector exhibits a high level of implementation of socially responsible behavior, with a tendency towards further growth. This business behavior, generally speaking, indirectly affects corporate performance, stakeholder loyalty, and the reputation of the financial institutions.

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Social responsibility in the banking sector: Experience from Serbia

Cited by 5 publications

References 3 publications

Corporate Governance and Corporate Social Responsibility Synergies: A Systemic Approach

Corporate Governance and Corporate Social Responsibility Synergies: A Systemic Approach

Relation Between Internal Social Responsibility and Job Satisfaction in Serbian Service Companies

Assessing the level of implementation of corporate social responsibility in Serbian banking sector

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