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2017 | 18(XVIII) | nr 3 | 492--500
Tytuł artykułu

Charity Banking: Utopia or an Alternative to Greedy Finance?

Treść / Zawartość
Warianty tytułu
Języki publikacji
EN
Abstrakty
EN
This paper will examine so-called charity banking in terms of the idea, the current impact on the banking market and the social aspects for communities and depositors. The current state-of-art is presented and an attempt to assess whether "charity" & "social" are appropriate words to describe banking. The terms: social/charity banking, social money and social return are defined. Then there are examples of banking institutions engaged in a social/charity approach. In the last part authors triy to evaluate how much truth there is in the social/charity statements of such institutions.(original abstract)
Twórcy
  • Szkoła Główna Handlowa w Warszawie
  • University of Castilla-La Mancha, Toledo, Spain
Bibliografia
  • Andreoni J. (1990) Impure Altruism and Donations to Public Goods: A Theory of Warm- Glow Giving. The Economic Journal, 100(401), 464-477.
  • Akerlof G. A. (1984) Gift Exchange and Efficiency - Wage Theory: Four Views. The American Economic Review, 74(2), Papers and Proceedings of the Ninety - Sixth Annual Meeting of the American Economic Association, 79-83.
  • Becchetti L., Borzaga D. (eds) (2010) The Economics of Social Responsibility: the World of Social Responsibility. London, Routledge.
  • Berg J., Dickhaout J., McCabe K. (1995) Trust, Reciprocity, and Social History. Games and Economic Behaviour, 10, 122-142.
  • Cecchetti S. G., Kaharougi E. (2015) Why Does Financial Sector Growth Crowd out Real Economic Growth? BIS Working Papers 490.
  • Cecchetti S. G., Kaharougi E. (2012) Reassessing the Impact of Finance on Growth. BIS Working Papers, 381.
  • Does the Market Understand Rating Shopping? Predicting MBS Losses with Initial Yields. Review of Financial Studies, 29(2), 457-485.
  • Easterlin R. A., Angelescu L. (2009) Happiness and Growth the World over: Time Series Evidence in the Happiness Income Paradox. IZA Discussion Paper (4060).
  • GABV (2015) Real Economy - Real Returns. The Power of Sustainability - Focused Banking 2015, Global Alliance for Banking on Values (GABV).
  • Keys B. J., Mukherjee T., Seru A., Vig V. (2010) Did Securitization Lead to Lax Screening? Evidence from Subprime Loans. Oxford Quarterly Journal of Economics, 125(1), 307-362.
  • Weber O., Remer S. (2011) Social Banks and the Future of Sustainable Finance. London, Routledge.
  • Zelizer V. A. (1994) The Social Meaning of Money. Princeton University Press, New Jersey.
Typ dokumentu
Bibliografia
Identyfikatory
Identyfikator YADDA
bwmeta1.element.ekon-element-000171516542

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