6533b82ffe1ef96bd1295074

RESEARCH PRODUCT

Ethical Versus Conventional Banking: A Case Study

Francisco Climent

subject

conventional bankingTransparency (market)media_common.quotation_subjectGeography Planning and DevelopmentFinancial intermediarylcsh:TJ807-830social valueslcsh:Renewable energy sourcesFinancial systemManagement Monitoring Policy and Law:CIENCIAS ECONÓMICAS [UNESCO]Profit (economics)0502 economics and businessBalance sheetlcsh:Environmental sciencesmedia_commonlcsh:GE1-350050208 financeDistrustRenewable Energy Sustainability and the Environmentsocial economylcsh:Environmental effects of industries and plants05 social sciencesUNESCO::CIENCIAS ECONÓMICASMarket liquidityethical bankinglcsh:TD194-195SustainabilityFinancial crisissocial bankingBusiness050203 business & management

description

The 2008 financial crisis has changed the structure of banking, generating public distrust in the conventional financial system. An alternative has emerged as a result of this lack of confidence. This alternative is known as ethical banking. A growing number of investors, asset managers, and financial intermediaries have incorporated sustainability considerations into their business practices. This paper discusses the origins of ethical banking and describes its primary characteristics. The goal is to determine whether ethical banking can be as profitable as conventional banking despite only investing in projects based on social values. A comparative analysis is performed to identify differences between an ethical bank (Triodos Bank) and a conventional bank (Banco Santander). The analysis was conducted to study the financial activity of both banks over a four-year period (2012&ndash

yearjournalcountryeditionlanguage
2018-06-25Sustainability
10.3390/su10072152http://www.mdpi.com/2071-1050/10/7/2152