Dariusz Prokopowicz Nice question

I agreed with Juan Manuel Montero Peña that the answer will be spited in 2 part Adheem Naeem

1st Ethic in banking procedure:

As banks are commercial entities working for profits & the staff has there target-KRA ~ incentive corresponding to the targets such situtation can occur. Additionally banker cant afford to loss large institutional or HNI clients thus th procudere might be at stake.

2nd for CSR thought kindly refer my project & allied paper

https://www.researchgate.net/project/Sustainable-Management-4

I find it very useful to separate the questions you are asking, the ethics of banking problems is something different from the problem of corporate social responsibility. If you want my suggestion, it's two totally different researches, and since I respect the frontiers of science a lot, I will not comment on the ethics of banking procedures, but I will give my considerations on corporate social responsibility. In corporate social responsibility all the factors that make up a society come into play, I refer to technology and service customers, the environment, the state and its institutions, all the actors in the society in which the company carries out its economic activity and with which he has a moral responsibility. But this concept has important implications for the company, a company that operates under corporate social responsibility can not operate under the principles of technological obsolescence, it must be a company that respects the knowledge of local communities, the characteristics of the environment and the social psychology of the clients. These companies should encourage the participation of local communities in making business decisions as a central axis of the company's activity. But who guarantees that this is true? I suggest that we work carefully on the conceptualization of sustainable development, on what is corporate social responsibility and how to integrate ethics as a transversal axis of these investigations into this topic. If we are realistic there are very few companies in this world that act morally with their productions, they can meet the most exquisite quality demands of this world, but also the other elements that make up corporate responsibility where they are. If someone starts a project in this field you can count on my participation.

Hello dear I am very happy to read the questions and find the answers

Dariusz Prokopowicz Nice question

I agreed with Juan Manuel Montero Peña that the answer will be spited in 2 part Adheem Naeem

1st Ethic in banking procedure:

As banks are commercial entities working for profits & the staff has there target-KRA ~ incentive corresponding to the targets such situtation can occur. Additionally banker cant afford to loss large institutional or HNI clients thus th procudere might be at stake.

2nd for CSR thought kindly refer my project & allied paper

https://www.researchgate.net/project/Sustainable-Management-4

Following.

Dear Friends and Colleagues of RG,

Did the unethical business practices used by credit advisers, brokers and brokers operating in investment banks, analysts preparing recommendations in rating agencies in many key financial institutions of the Anglo-Saxon financial system applied before the autumn of 2008 were important factors considered sources of the global financial crisis?

Please reply

I invite you to the discussion

Thank you very much

Best wishes

Yes I agree with you fully. But then things started changing - ethical practices have now become almost common in all the nations

Dear Friends and Colleagues of RG,

I suggest the following questions and research problems in the above topic:

What kind of unethical business practices were implemented by brokers of investment banks and credit sellers, which is one of the key sources of the global financial crisis of 2008?

Please reply

I invite you to the discussion

Thank you very much

Best wishes

If during the global financial crisis of 2008 interventionist financial institutions and large key manufacturing enterprises were not used to save bankruptcy, the scale of the deconcussion of many national economies would be many times greater. If these intervention assistance packages were not used, recession, chaos, financial systems would be effective in many large national economies, and the scale of negative effects would be difficult to estimate. However, as it turned out later during the research on the sources of the global financial crisis in 2008, unethical business practices that were implemented by brokers of investment banks and credit sellers are one of the key sources of the global financial crisis of 2008.

On the other hand, the costs of the multi-billion dollar state rescue programs have been passed on to the whole of society, which is not responsible for triggering the financial crisis. Whereas investment banking, in which most sources of the global financial crisis from 2008 were diagnosed, also received financial support. In addition, some of the investment banks used low-interest loans not only to stimulate lending, but also to take over other failing financial institutions and to pay additional bonuses to the managerial staff, which was unquestionably regarded as unethical and inconsistent with the principles of good relations and the essence of public trust.

In addition, a significant part of the money from the aid packages was finally invested in securities listed on stock exchanges. Thanks to this, optimism in the capital markets quickly returned. In mid-September 2008, when bankrupt Lehman Brothers investment bank, a bank with more than 100 years of history, the 4th largest investment bank in the world, there was a stock market crash that began the global financial crisis of 2008. However, after the quarters from the beginning of the stock market crash, stock prices and other stock exchange assets started to increase again to market value, after several years to break the highest historically levels of stock market indices from 2007 and autumn of 2008.

In this way, citizens as shareholders felt richer again and the problem of the origin of the financial crisis and the need for improvement of the financial system in the matter of the necessary refinement of credit risk management instruments could be described as colloquium. In this way, extra money added to the system, which should create additional economic values ​​added in the economy, did not create them because they largely channeled in the financial system, on the stock exchange markets. In connection with the above, interventionist multibillion aid packages did not contribute to a significant improvement in the functioning of the financial system in the investment banking sector and, as it later turned out, were used to save the state's financial system from the chaos of citizens.

Do you agree with me on the above matter?

In the context of the above issues, I am asking you the following question: What kind of unethical business practices were implemented by brokers of investment banks and credit sellers, which is one of the key sources of the global financial crisis of 2008?

Please reply

I invite you to the discussion

Thank you very much

Best wishes

Good question! Following.