Financial institutions' social responsibility in developing countries: A framework of analysis
Financial institutions' social responsibility in developing countries: A framework of analysis
The purpose of this paper is to provide a framework for analyzing the social responsibility (SR) of financial institutions (FIs) in developing countries (DCs), especially in Sub-Saharan Africa (SSA), with regard to their contribution to development. The paper suggests how Sen's theory of development, Sherraden's theory of asset building and Cabraal et al.'s microfinance ideals can be merged in a framework to analyze the SR of FIs in DCs.
CITATION: Ogola, Fredrick Onyango. Financial institutions' social responsibility in developing countries: A framework of analysis . : Emerald , 2012. African Journal of Economic and Management Studies, Vol. 3, No. 1, 2012, pp. 116-136 - Available at: http://library.au.int/financial-institutions-social-responsibility-developing-countries-framework-analysis-3