Artikel
Non-financial reporting and reputational risk in the Romanian financial sector
Good reputation is an important intangible asset for any company, but it can be vital for financial institutions. Today, given that the demands on the business environment in terms of social responsibility have greatly increased, the reputation can be worn not only by serious events, but also by the omission or delay of possible and necessary measures and actions to strengthen the sustainability of the activity. In this context, it turned out that there is a strong connection between reputational risk management and the public disclosure of information on the social and environmental impact of the company's activities. This paper proposes a contribution to the empirical decoding of this inter-conditioning through a two-pronged research: on one hand, it investigates the way in which Romanian banking institutions treat reputational risk management and, on the other hand, it analyzes the content of non-financial reports of some financial institutions in the light of the maturity with which they deal with sustainability. The resulting information suggests that there is a delay in understanding the significance of reputational risk and a decoupling of corporate responsibility policies from the risks associated with the business model.
- Language
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Englisch
- Bibliographic citation
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Journal: Amfiteatru Economic Journal ; ISSN: 2247-9104 ; Volume: 22 ; Year: 2020 ; Issue: 55 ; Pages: 668-691
- Classification
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Wirtschaft
Banks; Depository Institutions; Micro Finance Institutions; Mortgages
Corporate Culture; Diversity; Social Responsibility
- Subject
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reputational risk
social responsibility
non-financial reporting
financial sector
- Event
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Geistige Schöpfung
- (who)
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Tăchiciu, Laurenţiu
Fülöp, Melinda Timea
Marin-Pantelescu, Andreea
Oncioiu, Ionica
Topor, Dan Ioan
- Event
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Veröffentlichung
- (who)
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The Bucharest University of Economic Studies
- (where)
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Bucharest
- (when)
-
2020
- DOI
-
doi:10.24818/EA/2020/55/668
- Handle
- Last update
-
10.03.2025, 11:42 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Artikel
Associated
- Tăchiciu, Laurenţiu
- Fülöp, Melinda Timea
- Marin-Pantelescu, Andreea
- Oncioiu, Ionica
- Topor, Dan Ioan
- The Bucharest University of Economic Studies
Time of origin
- 2020
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Mandatory non-financial reporting in the banking industry: assessing reporting quality and determinants
Essays on financial and non-financial transparency regulation
Non-financial reporting and disclosure regulation
Non-financial reporting: Standardization options for SME sector
Risk information in non-financial disclosure
Empirical analysis of non-financial reporting by Spanish companies
Sustainable Tourism, between social Responsibility and non-financial Reporting
Encompassing non-financial reporting in a coercive framework for enhancing social responsibility: Romanian listed companies' case
Non-Financial Risk Management : Wettbewerbsvorteile nachhaltig sichern
Non-Financial Reporting Directive - The effects of the Non-Financial Reporting Directives with special regard to human rights in the European apparel industry
IFRS compliance, corporate governance and financial reporting quality of GSE-listed non-financial firms
Non-Financial Group Report
Mandatory non-financial reporting in the banking industry: assessing reporting quality and determinants
Essays on financial and non-financial transparency regulation
Non-financial reporting and disclosure regulation
Non-financial reporting: Standardization options for SME sector
Risk information in non-financial disclosure
Empirical analysis of non-financial reporting by Spanish companies
Sustainable Tourism, between social Responsibility and non-financial Reporting
Encompassing non-financial reporting in a coercive framework for enhancing social responsibility: Romanian listed companies' case
Non-Financial Risk Management : Wettbewerbsvorteile nachhaltig sichern
Non-Financial Reporting Directive - The effects of the Non-Financial Reporting Directives with special regard to human rights in the European apparel industry
IFRS compliance, corporate governance and financial reporting quality of GSE-listed non-financial firms
Non-Financial Group Report
Mandatory non-financial reporting in the banking industry: assessing reporting quality and determinants