Artículo
Spanish savings banks' social commitment: just pretty words?
Autor/es | Escobar Pérez, Bernabé
Miras Rodríguez, María del Mar |
Departamento | Universidad de Sevilla. Departamento de Contabilidad y Economía Financiera Universidad de Sevilla. Departamento de Economía Financiera y Dirección de Operaciones |
Fecha de publicación | 2013 |
Fecha de depósito | 2018-09-04 |
Publicado en |
|
Resumen | Purpose – This paper aims to determine the impact of the economic crisis on the level of social
commitment of the Spanish savings banks.
Design/methodology/approach – The paper uses the information provided by Spanish ... Purpose – This paper aims to determine the impact of the economic crisis on the level of social commitment of the Spanish savings banks. Design/methodology/approach – The paper uses the information provided by Spanish savings banks (SSBs) for 2004-2009. In particular, it analyses the evolution of the welfare fund, the financial results, and the ratio between the welfare fund and the financial results variables for each of the SBs, to go more thoroughly into how the welfare fund is distributed. Findings – The evolution of the allocations to the welfare fund shows a significant decline in absolute numbers, as a logical consequence of the significant decrease in the financial results. However, a substantial WF/P ratio growth can be seen in 2008 – 27.81 per cent – and, above all, of 36.08 per cent in 2009. This has allowed a certain mitigation of the decline of the allocations. In addition, a change has taken place in the distribution of the welfare fund, the amount for health and social care being bigger than the amount spent on culture and leisure. Social implications – This paper aims to highlight the impact that the process of mergers and acquisitions can have on the survival and the social commitment of the SBs. Originality/value – The paper provides a quantitative and qualitative analysis of the effect of the economic crisis on the social commitment of the Spanish savings banks. |
Cita | Escobar Pérez, B. y Miras Rodríguez, M.d.M. (2013). Spanish savings banks' social commitment: just pretty words?. Social Responsibility Journal, 9 (3), 427-440. |
Ficheros | Tamaño | Formato | Ver | Descripción |
---|---|---|---|---|
Spanish savings banks' social ... | 466.5Kb | [PDF] | Ver/ | |