CSR in the Banking Industry: Held to account for creating shared value

Essay aus dem Jahr 2011 im Fachbereich BWL - Bank, Börse, Versicherung, , Sprache: Deutsch, Abstract: In the wake of the recent and still ongoing utterly devasting global financial crisis, both reputation and legitimacy of banks are highly under pressure. This situation is best demonstrated by the current protests in New York, generally known under the heading of ‘Occupy Wall Street’ (Krugman, 2011). The fact that the protestors’ claims are even generally acknowledged by leading economists,...