Youth versus elderly population comparison. The banking industry throws up an interesting conundrum. Unlike the manufacturing industries, it does not cause detrimental effects such as pollution, however, the financial sector impacts almost everyone in the modern world in terms of financial stability.
Given that banks are responsible for managing money of depositors, this has wide socio-economic implications for the society through the way they conduct their financial products and services.
Therefore, corporate social responsibility becomes an integral part of corporate management strategy in banking industry.
Although the key objective of a banking sector is to earn maximum profits for shareholders or owners, it is expected that they conduct their operations in a manner to fulfil their social obligations towards society.
Topics of Corporate Social Responsibility of the banking industry that may be used for a finance dissertation are:. Is it complex enough to overcome the next crunch? The Federal Reserve System has established a banking risk framework that consists of six risk factors: With the growing importance of maintaining a standard approach in accounting practices across EU nations and other countries of the world, the emerging accounting standards have raised a number of questions on existing practices across various organisations.
It is interesting to see how these emerging standards get adopted by various organisations across the world. What is convergence and whether there is any likelihood of convergence between the EU and the US? Implications for big organisations. The awareness of accounting practices is an important issue being dealt with in organisations around the world.
The perception around the accounting practices and various biases need to be investigated and controlled to make the practices more dynamic and responsible for society in general. Accounting topics for your finance dissertation are suggested below:. A comparison of EU and UK organisations. A comparison of Asian and European organisations. Does ethics get enough attention? Representation, truth and annual reports.
A case study within the banking industry. The increasing number of scandals in recent times has raised several questions regarding ethical practices in accounting. The issue not only requires further studies to understand the existing practices and the scope of improvement, but also a culture of adapting the ethical practices within the organisations serving citizens of the nations. An Insight into ethics and the banking profession.
An expansion of Corporate Social Responsibility discourse. An unnecessary and difficult goal? All forms of copying, distribution or reproduction are strictly prohibited and will be prosecuted to the Full Extent of Law.
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