The purpose of this research is to identify corporate social responsibility and financial sustainability characteristics that would make the private Ecuadorian banking sector more competitive. Based on the experience and accounts of key departmental leaders, this study applied a cross-sectional and descriptive-exploratory approach in order to describe the actions and behaviors that private national banks have taken to make their organizations more competitive. The main results focus on determining how national private banks assume social responsibility roles and confront them with other internal and external challenges. These results lead to conclude that maintaining a sustainable finance agenda is both attractive to banking investors and contributes to the industry’s competitiveness.

错误:搜索内容不能为空,请输入英文关键词
错误:关键词超出字数限制,请精简
高级检索

Corporate Social Responsibility and Sustainability: New Challenges for the Private Banking System in Ecuador

  • Grace Natalie Tamayo Galarza,
  • Po Chun Lee,
  • Ivan Alejandro Rueda Fierro

摘要

The purpose of this research is to identify corporate social responsibility and financial sustainability characteristics that would make the private Ecuadorian banking sector more competitive. Based on the experience and accounts of key departmental leaders, this study applied a cross-sectional and descriptive-exploratory approach in order to describe the actions and behaviors that private national banks have taken to make their organizations more competitive. The main results focus on determining how national private banks assume social responsibility roles and confront them with other internal and external challenges. These results lead to conclude that maintaining a sustainable finance agenda is both attractive to banking investors and contributes to the industry’s competitiveness.