Values expressing core
beliefs of an organization are trusts, moral and ethical preferences, which
constitute organizational culture and lie behind it. These preferences play a
critical role in implementation, explanation and interpretation of corporate
standards and business rules. When considered from this point of view, ethical
values should have been possessed of different characteristic features. While
some of them have based on universal values, some part of values may have been
able to bring business values, social values or principles of corporate
governance to forefront. Ethical values underlie missions, visions
and business philosophies of banks. In this paper, by having idiosyncrasies of
ethical values with participation banks analyzed, it has been aimed to put
forth it’s common and divergent aspects in comparison to other kinds of bank. In
this context, it has been investigated whether the ethical values of the
participation banks are different from those of the conventional banks with respect
to the capital structures (state, private, foreign) belonging to both bank
groups. By examining the basic characteristics of the ethical values belonging
to the participation banks in particular, it has been investigated whether
their values are different from the values of other banks. Hence, a correlation
analysis had been carried out based on ethical value data gathered through
corporate web sites of all banks operating in Turkey. Participation banks,
which are critical component of Turkish banking system, have a growing
importance within the banking system. Since participation banking relies on
philosophical foundation of Islamic economy, it prefers different and specific
values as well as approach when compared to conventional banks. It has been
endeavored to contribute to literature by making an analysis on outlook of
ethical values with participation banks operating in Turkey, throughout the
paper.
Birincil Dil | Türkçe |
---|---|
Bölüm | Cilt:3 Sayı:7 |
Yazarlar | |
Yayımlanma Tarihi | 1 Ocak 2019 |
Yayımlandığı Sayı | Yıl 2019 Cilt: 3 Sayı: 7 |