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Social Capital and the Viability of Stakeholder-Oriented Firms: Evidence from Savings Banks
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This article shows that social capital enhances the viability of stakeholder-oriented Norwegian savings banks in competitive markets.
These banks survive longer in high social capital communities, raise more local deposits, and focus on altruistic purposes and local branches.
For more details, please read pages 20 to 21 of Social Capital and the Viability of Stakeholder-Oriented Firms: Evidence from Savings Banks. What advantages do you think stakeholder-oriented companies have in a competitive market?
This article is from the online course:
Mastering Sustainable Finance: ESG, Investments, & Corporate Strategy
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This article is from the free online
Mastering Sustainable Finance: ESG, Investments, & Corporate Strategy
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