SOCIAL RESPONSIBILITY OF THE BANKING BUSINESS: CHALLENGES AND PROSPECTS

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SOCIAL RESPONSIBILITY OF THE BANKING BUSINESS: CHALLENGES AND PROSPECTS

Authors

Tamar Kharitonashvili

Rubric:Economics
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Annotation

In the scientific article, by taking into consideration newest literary sources and variable factual materials, there are examined challenges of corporate social responsibility in bank business and perspectives of development in Georgia. More concretely, purpose of research is revealing of challenges and factors hindering the development of corporate social responsibility of bank business in Georgia. It is also aimed to offering of corresponding recommendations on the basis of analysis of received results,  as in the bank business, so at systemic level.

There was established that development of social corporate responsibility in the bank business requires popularization within the country scales and positioning as important component of economical development of the country, what is expressed in strengthening of the role of significance of corporate social responsibility and involvement of society as a whole.

Keywords

Corporate Social Banking Business
Corporate social responsibility
Social banks
Banking business
Social Finance
ESG Forms.

Authors

Tamar Kharitonashvili

References:

  1. Otinashvili Ramaz, Vanishvili Merab. (2020). COMPETITIVE STRATEGY IN BUSINESS // The world of science and innovation. Abstracts of the 4th International scientific and practical conference. Cognum Publishing House. London, United Kingdom. 2020. Pp. 127-133. 127–133. https://sci-conf.com.ua/iv-mezhdunarodnaya-nauchno-prakticheskaya-konferentsiya-theworld-of-science-and-innovation-11-13-noyabrya-2020-goda-london-velikobritaniyaarhiv/.
  2. Shanava, Z., & Vanishvili, M. (2021a). ANALYSIS AND EVALUATION OF FINANCIAL EDUCATION OF THE POPULATION IN GEORGIA. International Journal of Innovative Technologies in Economy, 4 (36), 77–88. https://doi.org/10.31435/rsglobal_ijite/30122021/7740
  3. Shanava, Z., & Vanishvili, M. (2021b). FINANCIAL EDUCATION OF THE NATION: CHALLENGES AND PERSPECTIVES. International Journal of Social Science and Economic Research, 06(12 "December 2021"), 4646–4672. https://doi.org/10.46609/IJSSER.2021.v06i12.012
  4. Vanishvili, M., & Katsadze, I. (2021). BANK FINANCING OF GREEN ECONOMY: REVIEW OF MODERN RESEARCH. Scientific Collection «InterConf», (95):With the Proceedings of the 2 Nd International Scientific and Practical Conference «Scientific Goals and Purposes in XXI Century» (January 19-20, 2022). Seattle, USA: ProQuest LLC, 2022., № 95 | January, 2022, 120–143. https://doi.org/10.51582/interconf.19-20.01.2022
  5. Vanishvili, M., Katsadze, I., & Vanishvili, N. (2021). PUBLIC FINANCE REFORM AND STATE TRANSFER POLICY IN GEORGIA. Theoretical and Empirical Scientific Research: Concept and  Trends: Collection of Scientific Papers «ΛΌГOΣ» with Proceedings  of the II International Scientific and Practical Conference (Vol. 1),  Oxford, May 28, 2021. Oxford-Vinnytsia: P.C. Publishing House &  European Scientific Platform, 2021., 1, 26–30. https://doi.org/DOI 10.36074/logos-28.05.2021.v1
  6. Vanishvili, M., Lemonjava, L., Katsadze, I., & Vanishvili, N. (2021). LOAN LIABILITIES AND DEBT BURDEN OF THE POPULATION IN GEORGIA. Grundlagen Der Modernen Wissenschaftlichen Forschung Der  Sammlung Wissenschaftlicher Arbeiten «ΛΌГOΣ» Zu Den  Materialien Der I Internationalen Wissenschaftlich-Praktischen  Konferenz, Zürich, 10. September, 2021. Zürich-Vinnytsia:  BOLESWA Publishers & Europäische Wissenschaftsplattform, 2021., 1, 29–35. https://doi.org/DOI 10.36074/logos-10.09.2021
  7. Vanishvili Merab, Katsadze Irakli, & Vanishvili Nino. (2020). CORONAVIRUS PANDEMIC AND PROSPECTS OF THE GEORGIAN ECONOMY// Achievements and prospects of modern scientific research. Abstracts of the 1st International scientific and practical conference. Editorial EDULCP. Buenos Aires, Argentina. 2020. Pp. 556-568. 556–568. https://sci-conf.com.ua/i-mezhdunarodnaya-nauchno-prakticheskaya-konferentsiyaachievements-and-prospects-of-modern-scientific-research-6-8-dekabrya-2020-godabuenos-ajres-argentina-arhiv/.
  8. Vanishvili, M., & Lapachi, A. (2020). Increasing Information Transparency of Corporate Governance in Georgia / Report at the I International Scientific and Practical Conference "Scientific Research and Methods for Their Implementation: World Experience and Domestic Reality", Bologna, Italy, 2020. 16th of May (In Russian): http://rep.btsau.edu.ua/bitstream/BNAU/6087/1/Vprovadzhennya%20predstavnykiv.pdf
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