Ricerc@Sapienza

Sustainable development has raised, in recent decades and especially after the global financial crisis, the interest of policy makers, managers, academics and, in general, stakeholders. As a multifaceted concept, it cannot exclude the financial and banking institutions as their fundamental role on channeling funds and supporting an efficient resource allocation into the economy. Especially after the recent financial crisis, banks are increasing their attention on socially responsible aspects in order to reinforce trust among stakeholders (Coulson, 2009).