How can encouraging a focus on long term value creation in banking benefit the ethics of banking?
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Encouraging a focus on long-term value creation in banking can benefit the ethics of banking by promoting sustainable practices that integrate financial, social, and environmental values . This shift towards long-term value creation can help align ethical practices with daily operations, enhancing the integration of ethical values in banking activities . Additionally, sustainable banking, as a part of ethical finance systems, supports social enterprises financially, providing an alternative character against risks associated with external investors . Furthermore, the concept of ethical value propositions in Islamic banking emphasizes service-based value delivery processes, highlighting the importance of ethical values in banking products . By focusing on long-term value creation, banks can foster a culture of ethical behavior, ensuring that norms of behavior align with ethical values and promoting the recognition of ethical issues within the industry .
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| Papers (5) | Insight |
|---|---|
6 Citations | Encouraging a focus on long-term value creation in banking can enhance ethical practices by emphasizing service-based ethical value propositions, as seen in Islamic banking products. |
38 Citations | Encouraging a focus on long-term value creation in banking can enhance ethical practices by aligning operations with ethical values, improving reputation, and fostering sustainable decision-making. |
| Encouraging a focus on long-term value creation in banking can benefit ethics by aligning actions with values, enhancing ethical behavior recognition, and utilizing tools like deliberative polls for decision-making. | |
3 Citations | Encouraging a focus on long-term value creation in banking can enhance ethical practices by integrating financial, social, and environmental values, promoting responsible investing, and fostering sustainable economic development. |
| Encouraging a focus on long-term value creation in banking can benefit ethics by promoting sustainable finance, supporting social enterprises, and aligning financial profits with social and environmental benefits. |
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