A lack of social legitimacy could bring down yet more investment or commercial banks.

Name: A lack of social legitimacy could bring down yet more investment or commercial banks.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Social legitimacy is an important factor for financial institutions such as investment or commercial banks to attract investment and customers. A lack of social legitimacy can cause a loss of trust from investors and the public, leading to a decrease in funding and a decrease in business.

A Lack of Social Legitimacy Could Bring Down Yet More