The Relation between the Romanian Commercial Banking Companies and the Corporate Social Responsibility

• Main Authors: Laura Mureşan, Carmen Adriana Gheorghe
• Format: Article
• Language: English
• Published: Transilvania University of Brasov Publishing House 2009-12-01
• Series: Bulletin of the Transilvania University of Braşov: Series VII: Social Sciences, Law
• Subjects: Banking commercial company; Corporate social responsibility; Business ethics; Consumers; Consumer protection legislation
• Online Access: http://but.unitbv.ro/BU2009/BULETIN2009/Series%20VII/BULETIN%20VII%20PDF/207%20muresan%20gheorghe%20BUT%202009.pdf
• ISSN: 2066-7701; 2066-771X

The relatively recent legal regulation regarding the field of the banking service consumer protection has been determined by the abusive commercial activity of the commercial banking companies. If the commercial banking companies had been aware of the need to comply with certain ethical principles in their relation with consumers – having a socially responsible behavior – then these principles would not legally have been sanctioned. That is why we consider that the significant sanctions to which the banks expose themselves at present are a consequence of the flagrant and repeated breach of the ethical principles in the field of consumer protection.