The Social Efficiency for Sustainability: European Cooperative Banking Analysis - Archive ouverte HAL Access content directly
Journal Articles Sustainability Year : 2018

The Social Efficiency for Sustainability: European Cooperative Banking Analysis

Jose Luis Retolaza
  • Function : Author
  • PersonId : 1067650
Eric Lamarque

Abstract

This paper seeks to establish the relationship between economic efficiency and social efficiency to analyze the sustainability of banking in Europe. The type-effect has been analyzed, as stakeholder value banks-cooperatives and saving banks-should not be less socially and economically efficient than commercial banks. This European analysis was made using the Bankscope database, as it provides a unique insight into the stakeholder view that clarifies, by an analysis of two-stage boundaries, that there is no single model of social and economic efficiency according to the type of financial entity in Europe. These findings contribute to the social cost paradox and shared value perspective, and more broadly to stakeholder theory. It is established that a tradeoff between economic and social efficiency is not needed. There are different behaviors in different European countries. Moreover, our results could lead to the development of social indicators of the sustainability aspects of organizations without resorting to traditional accounting.
Fichier principal
Vignette du fichier
sustainability-10-03271.pdf (1.39 Mo) Télécharger le fichier
Origin : Publisher files allowed on an open archive
Loading...

Dates and versions

hal-02536203 , version 1 (07-04-2020)

Identifiers

Cite

Leire San-Jose, Jose Luis Retolaza, Eric Lamarque. The Social Efficiency for Sustainability: European Cooperative Banking Analysis. Sustainability, 2018, ⟨10.3390/su10093271⟩. ⟨hal-02536203⟩
43 View
64 Download

Altmetric

Share

Gmail Facebook Twitter LinkedIn More