Banking Some specialists have studied the modern banking sector. Here are the results of their research. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get Original Essay Goyal and Joshiin (2011) suggest that people are aware of most issues regarding the environmental and hazardous effects of factories and manufacturing industries. The researchers found that an organization must adopt a sustainable and viable advantage by creating eco-friendly products, which do not harm the environment and our society. Banks can show their good intentions towards society and the environment by granting loans to those organizations that want to create green products, or work in an ethical or socially responsible way or want to help society as non-profit organizations or that have good intentions towards the company. However, it could affect economic development and industrial growth, but our environment and society cannot afford this development at the expense of environmental depletion. Green (1989) discussed corporate ethical responsibility in banking or corporate perspective, however companies have some responsibility towards society which means working as an ethical organization. The registered status of a company and its work, and respect for their work ethics, can influence the image of companies and can guarantee the success or failure of their businesses because it depends on the nature of their work. However, all financial companies have a bad history of putting their own interests against legal methods. Sometimes companies are exposed to corruption and this affects their image and business. Winbladh (2014) wants to describe the importance of ethics in business and relate it to law. According to the author, financial intermediaries must adhere to regulatory instructions, industry values ​​and act morally. In his research they described questions, for example: what do you think, why financial institutions need to work on ethical standards or need transparency in their institution? He also asked: why is it necessary to measure ethics in businesses or ethics towards the customer? Alternatively, ethics towards the employer or employee and society, also tries to consider the aspects of financial services on ethical services towards stakeholders. Their research covers ethical values ​​in the financial sectors and stakeholders' views on current performance and trends. Cowton (2002) introduces the concept of what is often described as “integrity, responsibility and affinity”: these are three aspects of ethics in banking and finance. Banking, like other financing sectors, is often considered an unethical industry focused solely on risk and return. However, ethics has a vital role for both traditional businesses and banking progress. Based on a speech given at a European Union conference on the financing of small and medium-sized enterprises (SMEs), their research aims to provide an overview of ethics in banking using three terms. Clerck (2003) describing the essential elements of the economic-financial crisis, a certain period of time, particularly of banks, and the weakness of moral values ​​in the design and sale of complex monetary products, decision making is a short-term perspective of businesses. An ideal name for ethical banking is financial services. In this context, the needs for transparency, sustainability and corporate social responsibility are growing. The purpose of hisBelás's (2012) research is to examine the public framework of the baking sector and define the qualities of CSR and the moral values ​​of the ethical bank. The authors show the results of his research on the ethical mentality of bank employees. The purpose of financial institutions and banks is based on market values ​​and they operate thanks to the financing of others. There is a lack of ethical standards revealed at the time of the financial crisis. In commercial banking, public beliefs have changed due to the crisis. It is necessary to apply an ethical principle because these crises have increased the force of enforcement and this indicates the right complement for financial regulation. According to his research, he said that this document works for the enthusiasm for society and economic values, and said that it is possible to generate profit without harming social and economic values. Tischer (2013) investigates how ethical banking is integrated into the financial services sector and highlights the political-economic dynamics that both facilitate and hinder the sector's development. To this end, the thesis develops a conceptual framework that draws on the literature on industrial districts and embeddedness. The thesis also models and analyzes the ethical banking network using social network analysis, the previous author develops an understanding of the business models of ethical banks and how the sector is organized within the banking sector. Data on banks' relationships with other organizations collected through questionnaires and interviews was conducted with the interviewed companies to explore the ethical banking sector from the perspective of the ethical banks themselves. Additionally, corporate, industry, and legislative publications were analyzed to add context and validate the findings. Benedikter (2011) defines the role of the private sector and financial institutions in particular, and how it is an important role in creating a world that is truly sustainable. Many organizations are working where non-governmental organizations (NGOs), ethical depositors, consumers, rational businesses, leaders and internationals are working to formulate or create a triple bottom line of a reality that is (profit, people and planet). The authors' paper is an introduction to an idea that is often described as "moral, social, environmental, solidarity or alternative, etc." banking and finance. Commercial banks have made underdeveloped mainstream values ​​their core business in which they are specifically characterized by focused and performing values. His research offers an overview of this field in which he shows the pioneers of the modern world how they fit into historical context. The author provides some examples of a bank that works as an ethical bank, which has an ethical point of view and has high hopes for an ethical and sustainable world. Ethical Goyal and Joshi (2011) define the ethical issues in the banking sector that can affect the image and trust of banks which can be affected by the unethical behavior of banks or their activities. It consists of three parts, in the first there is the historical context of the banking sector. In the second part, the authors explain the importance of banks and the nature of their work, how it is associated with the country's economic performance and financial system. The banking and financial sector plays a vital and crucial role in shaping public policies in today's business environment. This article highlights the social and ethical issues of the banking sector such as social banking, ethical banking, green banking, global banking, rural banking and agro-banking, which help to achieve the sustainable development of the banking and financial sector . Green (1989) discusses howethical issues influence the negotiation for a longer period. The first question they asked is whether a company or as an individual has any ethical duty. If we thought about it, yes, they did and he suspected that most people would accept that companies are ethical negotiators. According to the author, like any person, a company's actions can bring good or harm, which means that the action can be beneficial or harmful. Companies are required to comply with the law and benefit from legal protection. However, a company's poor accountability status is not planned by society to protect it from the consequences of unethical performance. This, however, is only the formal situation. More positively, a society reflects the disposition of its members and the attitude of its leaders. Winbladh (2014) concluded that failure to adhere to best practices and the highest level of ethics is risky and can lead to serious casualties, including insolvency. The GIPS standard provides a good comprehensive framework that has effectively become the industry standard. The main issue is not to make the instructions more rigid but to ensure adherence to and respect for established morals. Internal and external inspection and compliance department/compliance officer are needed to avoid fraud and other unwanted unethical behavior towards its customers. Carrasco (2006) defined the relationship between ethics and banking. In the first section he defines the opinions and values ​​of the ethical order. Moral conscience was overcome after individualistic and useful analysis. However, many people have regulated their behavior through a system worthy of attention to social problems, such as balance with nature, respect for human rights and equality of opportunities. Clerck (2003) describes the need for the financial sector to work towards evolution and with conviction so that society offers the best requirements for benevolence and further appeal. As an ethical bank, banks have the responsibility and above all expect to work for society and civilization to create a sustainable and developed world. Banks should use their financing to improve the economy rather than making profits and becoming careless about their responsibilities. If they wish, they can start NGOs to help society and start microfinancing, giving small loans to help young entrepreneurs, or do charity work or organize charity events. Currency, wealth, invested insightfully and intelligently as a maturation and quality improvement mechanism, social development has a great influence on these things. This impact is an impartial boldness towards financing and lending. In the financial market, monetary systems are motorized and develop overwhelming forces at work. Financial managers and institutions are attentive to the method, which avoids minimizing risks. Belás (2012) highlighted that in his research he used analysis, these analyzes are based on critical foundations for data collection which used internal and external sources such as questionnaires, surveys, forms, reviews and designed interviews. The authors use these journals for their analyzes and discover techniques for economics with their collective structure and ethical banking procedures, instead of typical economics journals in the field of business-related banking. The authors' research focused on banking management which is difficult to approach from theoretical judgment. The author's research has produced very interesting results in the area of ​​improving the performance of bank employees and their work with the development of the needs of their customers in the banking financial sector; could lead to aincrease in the economic results of banks. Ethical Issues in Banking Industry Goyal and Joshi (2011) concluded that they have gone through a number of developments that are taking place in the current business scenario. Furthermore, in the last part, the review of previous studies on the topic is analysed. In conclusion they discussed some important issues regarding environmental issues and the increase in harmful influences of industrial development in society. They highlighted that sustainability is important for organizations to adopt because it provides benefits by building eco-friendly, eco-friendly or recyclable products for the society. If banks provide their loans to ethical and social businesses that care about the environment, they can project themselves as ethical banks. However, it is possible that it will slow down the growth of our economy, but humanity cannot allow this growth due to the depletion of environmental resources, wildlife and land. It is much better to perform financial practice on social measure rather than just generate profit. It is the best time to focus on important issues regarding ethical banking, however, you can achieve this by putting the interests of society before their own interest. Green (1989) concluded that banks must be reliable to their customers who trust them to ensure that their money is safe and in good hands and have a responsibility to use their money respectfully and lend it to the responsible person. Banking is a major segment of risk-taking businesses where you are rewarded for ethical practices. Help depends on clients' success and demonstration of moral values. Banks are expected to help people avoid charges and incentives. The responsibility of banks extends towards society, customers, consumers, stakeholders, faculty, employees, staff and government. Winbladh (2014) determines in his study the current compartment, principles and learning of journals in his field. The properties of the results will concern the ethical compartment of the financial sectors. The authors question themselves by providing ideas such as ethical ideas for the progress of society and what stakeholders want without consulting what we have today. His research proposals could lead industries to change their point of view by consulting with the problem faithfully and devotedly. Carrasco (2006) concluded in this section, they discussed the behavior of the company, where the company always has the power to change their state and always has that authority because they are consumers as well as investors. If people are investors, they have the power to choose in the monetarist market, between institutions and products. The author summarizes his work for economic trends, which perceive an ethical morality. Since his research aims to analyze the attitude of banking ethics towards customer preferences, it could provide useful information on ethics in banking; this study provides the reasons for bank failure in terms of banking industry ethics and reckless risk taking. One of the main causes of financial crises was the lack of commitment by banks to pursue good ethics. Cowton (2002) concluded that truthfulness is an important quality for building faith and is essential for the inauguration of financial institutions. In ethical banking, they should try to avoid loan penalties and work with empathy, which will bring investors and borrowers closer together, which may not be possible in conventional or commercial banking. Responsibility, they must carefully use the investment they use as a loan, they should ensure thatthe loan is used appropriately or justly or used for a purpose beneficial to society. Finally, they should understand the ethical or moral values ​​of economic development or society. For affinity purpose, they create some affinity credit cards, every time this card uses for the transaction a small amount of money donated to the charitable organization. Clerck (2003) concluded that they examined and equated return on assets (ROA) and fairness over a time period of over 5 years for eco-label registered ethical and commercial banks. The author carried out the critical analysis; used a balanced data standard and impartial purpose for its analysis. In conclusion, it establishes that rates of return are high for commercial banks, because if they take higher risks there is the possibility of obtaining higher rates of return. However, if we compare ethical banks with conventional banks, we will find that ethical banks are more modest than conventional banks, as they match the conditions of the existing system. Villa (2003) defined in his research that banks play a crucial and important role in the economy and in the field of all trade. His research aims to examine those foundations of ethics in which banking practice presents characteristics suited to banks and bankers. The author also talks about banks' conflicts between its customers, fee structure, policies, insurance policies, loans and lending policies that play a role of conflict of interest. His research examines evidence from qualitative interviews with high-ranking bankers from diverse locations across banking areas. There is a critical situation to attribute an ethical catastrophe to the disaster-inducing American courses that have overwhelmed the owners and the world economy. Belás (2012) suggested that moral principles attempt to demonstrate that knowledge of business, but in the company is not mutual. Evaluations of corporate management It is unexpected that the apparatus of self-control as corporate social responsibility is operational for business ethics. Some specific commercial banks have ethics as a useful marketing tool, and their responsibility to society, regarded as an apparatus to cooperate with the public from the perspective of bank management and is not combined with the conditions of banks. We have witnessed the crisis in the financial sector occurring due to the lack of ethical values ​​in various processes. The Tischer (2013) methodology consists of social network analysis, interviews, and secondary data analysis. Explain why a mixed method approach is useful for exploring structural aspects and examining socio-political aspects of ethical banking. While predominantly pragmatic in nature, the chapter will also discuss how concurrent data collection and analysis informed subsequent rounds of research. It outlines the research process and highlights how problems are approached and addressed. Additionally, it focuses on how data triangulation benefits this research by stimulating critical engagement with sometimes contradictory evidence. Benedikter (2011) highlighted that funds can differ in terms such as cultural values, products, client interest and emphasis on private and public banks, ethical and sustainable banks, environmental banks and social banks, all of them have the same mission to carry out banking practices and investments for social development. There is a difference in complementary qualities that can be productive in the group. According to the author, these banks are making their contribution to society and working towards innovation in the financial system. Banks are those institutions that?.