An institutional perspective on the shifts in banking and capitalist ideology: sustainability, social and environmental insights

IF 6.3 3区管理学 Q1 BUSINESS International Journal of Bank Marketing Pub Date : 2024-03-04 DOI:10.1108/ijbm-02-2023-0125

Mohamed Saeudy, Khaled Hussainey

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Abstract

Purpose

This paper investigates the development of moralised business ideologies (MBIs) amongst sustainable banks as they navigate social and environmental business prospects.

Design/methodology/approach

Empirical evidence is drawn from top-management-level interviews with 16 UK-based small and medium-sized banks that specialise in financing social and environmental projects.

Findings

MBIs have emerged in the literature review and empirical data analysis as a new concept taken on by sustainable banks with roots closer to sustainability such as ethical practices, moralised values, sustainable business models and ecological standards. The results confirm that MBIs help banking institutions create a more sustained positive impact in terms of social and environmental business opportunities.

Originality/value

This paper offers novel evidence on the intersection between banking and MBIs, with a focus on social, sustainability and environmental considerations.

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从制度角度看银行业和资本主义意识形态的转变：可持续性、社会和环境方面的见解

本文调查了可持续发展银行在把握社会和环境商业前景时道德化商业意识形态（MBIs）的发展情况。研究结果MBIs在文献综述和实证数据分析中被认为是可持续发展银行采用的一个新概念，其根源更接近于可持续发展，如道德实践、道德化价值观、可持续商业模式和生态标准。结果证实，多边投资协定有助于银行机构在社会和环境商机方面创造更持久的积极影响。原创性/价值本文提供了银行业与多边投资协定之间交叉的新证据，重点关注社会、可持续性和环境因素。

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来源期刊

International Journal of Bank Marketing BUSINESS-

CiteScore

10.70

自引率

18.90%

发文量

期刊介绍： International Journal of Bank Marketing (IJBM) aims to publish papers that relate to the marketing challenges of financial services providers around the globe. Preference is given to empirically-based research papers that expand on existing theories (or develop new ones) on customer behaviour in financial services settings. In addition, the journal is interested in helping academicians and practitioners in the field to better understand the discipline of financial services marketing, and as a result review papers and thought pieces are invited for submission.