The Collapse of a European Bank in the Financial Crisis: An Analysis from Stakeholder and Ethical Perspectives

Fortis, the leading Benelux financial group, had been a success story of successive mergers of bank and insurance companies, with leadership in corporate social responsibility (CSR). One year after the acquisition of the major Dutch financial conglomerate ABN AMRO, the global financial crisis caused...

Full description

Saved in:  
Bibliographic Details
Authors: Fassin, Yves (Author) ; Gosselin, Derrick (Author)
Format: Electronic Article
Language:English
Check availability: HBZ Gateway
Journals Online & Print:
Drawer...
Fernleihe:Fernleihe für die Fachinformationsdienste
Published: Springer Science + Business Media B. V 2011
In: Journal of business ethics
Year: 2011, Volume: 102, Issue: 2, Pages: 169-191
Further subjects:B Financial Crisis
B Bank
B CSR
B Business Ethics
B Stakeholder (corporate)
B CEO
B Acquisition
B shareholder activism
B collapse
Online Access: Presumably Free Access
Volltext (JSTOR)
Volltext (lizenzpflichtig)

MARC

LEADER 00000caa a22000002 4500
001 1785642642
003 DE-627
005 20230331053210.0
007 cr uuu---uuuuu
008 220112s2011 xx |||||o 00| ||eng c
024 7 |a 10.1007/s10551-011-0812-2  |2 doi 
035 |a (DE-627)1785642642 
035 |a (DE-599)KXP1785642642 
035 |a (DE-He213)s10551-011-0812-2-e 
040 |a DE-627  |b ger  |c DE-627  |e rda 
041 |a eng 
084 |a 1  |2 ssgn 
100 1 |a Fassin, Yves  |e VerfasserIn  |4 aut 
109 |a Fassin, Yves 
245 1 4 |a The Collapse of a European Bank in the Financial Crisis: An Analysis from Stakeholder and Ethical Perspectives 
264 1 |c 2011 
336 |a Text  |b txt  |2 rdacontent 
337 |a Computermedien  |b c  |2 rdamedia 
338 |a Online-Ressource  |b cr  |2 rdacarrier 
520 |a Fortis, the leading Benelux financial group, had been a success story of successive mergers of bank and insurance companies, with leadership in corporate social responsibility (CSR). One year after the acquisition of the major Dutch financial conglomerate ABN AMRO, the global financial crisis caused the collapse of the Fortis group. The purpose of this article is to use the case study of Fortis’s recent fall as a basis for reflective considerations on the financial crisis, from stakeholder and ethical perspectives. A selected number of key events of the history of the dramatic crisis at Fortis will be analysed from different ethical frameworks. Special consideration will be given to fairness of communication, shareholder activism and conflicts of interests of CEO’s mergers opportunities. A confrontation between the CSR policy and the reality raises the fundamental questions why the powerful CSR guidelines and ethical principles did not help in the assessment of the risks. 
601 |a Stakeholder 
650 4 |a Acquisition 
650 4 |a CEO 
650 4 |a shareholder activism 
650 4 |a collapse 
650 4 |a Financial Crisis 
650 4 |a Bank 
650 4 |a Business Ethics 
650 4 |a Stakeholder 
650 4 |a CSR 
700 1 |a Gosselin, Derrick  |e VerfasserIn  |4 aut 
773 0 8 |i Enthalten in  |t Journal of business ethics  |d Dordrecht [u.a.] : Springer Science + Business Media B.V, 1982  |g 102(2011), 2, Seite 169-191  |h Online-Ressource  |w (DE-627)270937129  |w (DE-600)1478688-6  |w (DE-576)121465284  |x 1573-0697  |7 nnns 
773 1 8 |g volume:102  |g year:2011  |g number:2  |g pages:169-191 
856 |3 Volltext  |u http://www.jstor.org/stable/41475950  |x JSTOR 
856 |u https://biblio.ugent.be/publication/1203485/file/6751039  |x unpaywall  |z Vermutlich kostenfreier Zugang  |h repository [oa repository (via OAI-PMH doi match)] 
856 4 0 |u https://doi.org/10.1007/s10551-011-0812-2  |x Resolving-System  |z lizenzpflichtig  |3 Volltext 
935 |a mteo 
936 u w |d 102  |j 2011  |e 2  |h 169-191 
951 |a AR 
ELC |a 1 
ITA |a 1  |t 1 
LOK |0 000 xxxxxcx a22 zn 4500 
LOK |0 001 4033701524 
LOK |0 003 DE-627 
LOK |0 004 1785642642 
LOK |0 005 20220112043736 
LOK |0 008 220112||||||||||||||||ger||||||| 
LOK |0 035   |a (DE-Tue135)IxTheo#2021-12-30#274B8704A6EDA2DBC92E7D5D1049E9C55DD5B8A8 
LOK |0 040   |a DE-Tue135  |c DE-627  |d DE-Tue135 
LOK |0 092   |o n 
LOK |0 852   |a DE-Tue135 
LOK |0 852 1  |9 00 
LOK |0 866   |x JSTOR#http://www.jstor.org/stable/41475950 
LOK |0 935   |a ixzs  |a ixrk  |a zota 
OAS |a 1 
ORI |a SA-MARC-ixtheoa001.raw 
STA 0 0 |a Bank,Bench,Seat,Stakeholder (corporate) 
STB 0 0 |a Banque,Banc,Partie prenante,Stakeholder,Stakeholder 
STC 0 0 |a Banco,Banco,Parte interesada 
STD 0 0 |a Banca,Panchina,Panca,Panca,Stakeholder,Portatore di interessi,Portatore di interessi 
STE 0 0 |a 持份者,利益相关者,银行,板凳 
STF 0 0 |a 持份者,利益相關者,銀行,板凳 
STG 0 0 |a Banco,Banco,Parte interessada 
STH 0 0 |a Банк,Скамейка,Стейкхолдер 
STI 0 0 |a Stakeholder,Ενδιαφερόμενο μέρος,Τράπεζα,Παγκάκι,Πάγκος 
SYE 0 0 |a Bankbetrieb,Banken,Sitzbank,Bänke , Anspruchsgruppe,Anspruchspartner