Economic and Ethical Aspects of Shaping Competitive Strategies in the Banking Sector Cover Image

Ekonomiczne i etyczne aspekty kształtowania strategii konkurencji w sektorze bankowym
Economic and Ethical Aspects of Shaping Competitive Strategies in the Banking Sector

Author(s): Tomasz Przybyciński
Subject(s): Financial Markets, Business Ethics, Socio-Economic Research
Published by: Wydawnictwo Uniwersytetu Łódzkiego
Keywords: competitive strategies;ethics, banking sector;

Summary/Abstract: To succeed in the marketplace, companies must adopt competitive strategies. Economic, as well as ethical aspects of competitive strategies, are of great importance. A lack of healthy competition leads to difficult problems in economic life, especially in the banking sector. The most irresponsible competitive strategies have the potential to make the highest return. However, risky financial decisions usually resulted in banking crises. They were frequently resolved through bailouts at the taxpayer’s expense and contributed to moral hazard

  • Issue Year: 21/2018
  • Issue No: 1
  • Page Range: 89-96
  • Page Count: 8
  • Language: Polish