Post-Crisis Corporate Culture and Governance in Banking
20 Pages Posted: 6 Jun 2019 Last revised: 17 Feb 2020
Date Written: April 25, 2019
Abstract
This paper provides a brief assessment of how ethics, culture and corporate governance have evolved in banking since the financial crisis. It concludes that we need to strengthen capital ratios and equity governance in banking to improve ethics and culture, and de-emphasize liquidity regulation. It also advocates the embrace of authentic organizational higher purpose in banking as a way to foster stability and growth.
Keywords: financial crises, bank regulation, corporate governance, compensation, bank culture
JEL Classification: G3, G01, G21
Suggested Citation: Suggested Citation
Thakor, Anjan V., Post-Crisis Corporate Culture and Governance in Banking (April 25, 2019). European Corporate Governance Institute – Finance Working Paper No. 658/2020, Available at SSRN: https://ssrn.com/abstract=3390203 or http://dx.doi.org/10.2139/ssrn.3390203
Do you have negative results from your research you’d like to share?
Feedback
Feedback to SSRN
If you need immediate assistance, call 877-SSRNHelp (877 777 6435) in the United States, or +1 212 448 2500 outside of the United States, 8:30AM to 6:00PM U.S. Eastern, Monday - Friday.