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International Journal of Economics, Finance and Management >> Volume 5, Issue 2, June 2016

International Journal of Economics, Finance and Management


Moral Organization: Dream or Reality

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Author Andrea Horny�k
ISSN 2225-7217
On Pages 194-201
Volume No. 2
Issue No. 2
Issue Date May 01, 2020
Publishing Date May 01, 2020
Keywords Financial institutions, moral standards, young generation.



Abstract

�The moral human being, feeling the spirit of time, is capable to express it within the limits he undertakes voluntarily without waiting for the legislation to do the same. � [Etzioni, 1993]. Can the Hungarian financial institutions find the connection between observing the unspoken rules of moral standards and their own profitability? As far as Hungary concerned, a negative social mood towards banks is accompanied by poor financial literacy therefore financial institutions have a lot to do to gain confidence in the young generation. However, in the long term, a financial institution can only achieve market success if it can integrate moral viewpoints into its corporate policy.


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