A Comparative Analysis of Corporate Social Responsibility in Commerical Banks: Case Studies from the United States and the United Kingdom

Emily DeMasi

Defense Date

3-31-2011

Graduation Date

Spring 1-1-2011

Availability

Immediate Access

Submission Type

thesis

Degree Name

MA

Department

Graduate Center for Social and Public Policy

School

McAnulty College and Graduate School of Liberal Arts

Committee Chair

Charles T. Rubin, G. Evan Stoddard

Committee Member

Charles T. Rubin

Committee Member

G. Evan Stoddard

Keywords

Commerical banks, Corporate Social Responsibility (CSR), Environmental, Social, Governance (ESG), Public policy

Abstract

This study investigates the effectiveness of public sector roles in facilitating corporate social responsibility (CSR) in commercial banks in the United States and the United Kingdom and the role of national context in CSR activities of commercial banks. It examines CSR as measured by MSCI ESG (environmental, social and governance) Global Socrates ratings across five categories of ESG (environment, employee & supply chain, customers, corporate governance & ethics, and community & society) in six commercial banks. The study compared differences in ESG rankings to categorized CSR-related government bodies, legislation and policies according to four possible public sector roles as outlined by the World Bank: mandating, facilitating. endorsing or partnering for CSR. The principal conclusion is that national context seems to play a role in CSR activities of commercial banks and that certain CSR-related public policy tools appear to be more effective at supporting CSR than others.

Format

PDF

Language

English

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