Abstract

ACOSTA PALOMEQUE, Galo Ramiro. Corporate social responsibility: financial inclusion in the ecuadorian private banking system. Vis. futuro [online]. 2019, vol.23, n.1. ISSN 1668-8708.

According to the World Bank, it is estimated that more than 2 billion adults on the planet do not have an account to transact, more than 200 million micro, small and medium enterprises lack businesses. According to Global Findex in Ecuador, approximately, 46.2% of the Ecuadorian population over 15 years of age had an account in a formal financial institution in 2014. The objective of this study is the financial inclusion in the Ecuadorian private banking system based on the sustainability reports of the year 2016. In the research, a methodology of documentary and descriptive research was used for the elaboration of the theoretical framework, while for the empirical study the methodological scheme of the transversal-type phenomenology was used and 4 financial institutions. The analyzed financial institutions present an instrumentalist approach to corporate social responsibility. The evidence suggests that, starting with the 2008 Constitution, a regulatory and institutional environment for financial inclusion has been formed. Finally, during 2016 there was an improvement in the use and access to financial products and services.

Keywords : Financial inclusion; Sustainability reports; Corporate social responsibility; Bank System.