Detail práce

Ethics as a Way to Sustainability in Banking?

Autor: Mgr. Radek Halamka
Rok: 2015 - letní
Vedoucí: doc. PhDr. Petr Teplý Ph.D.
Konzultant:
Typ práce: Diplomová
Finance, finanční trhy a bankovnictví
Jazyk: Anglicky
Stránky: 70
Ocenění:
Odkaz: https://is.cuni.cz/webapps/zzp/detail/137879/
Abstrakt: This thesis proposes a theoretical framework for application of ethics in banking and analyses
effects of such application on financial performance of banks. A sentiments-adjusted
economic motivation enables employment of ethical concepts, such as universality and
humanity, in economics as well as banking. Then, using Bankscope data of more than 80,000
bank-year observations for the years 2003-2013, it is shown that banks applying ethics have
higher exposure to real economy and less volatile Return on Equity. A consequent analysis
revealed that in comparison with their closest peers those banks have lower profitability
caused by higher relative costs that conversely result in lower loan losses.

Partneři

ČSOB
Deloitte
McKinsey & Company

Sponzoři

CRIF
EY