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Purpose, Culture, and Strategy in Banking

Olin Business School Center for Finance & Accounting Research Paper No. 2023/10

Posted: 5 Oct 2023

See all articles by Anjan V. Thakor

Anjan V. Thakor

Washington University in St. Louis - John M. Olin Business School; Financial Theory Group; European Corporate Governance Institute (ECGI); Massachusetts Institute of Technology (MIT) - Laboratory for Financial Engineering

Multiple version iconThere are 2 versions of this paper

Date Written: September 19, 2023

Abstract

In this paper I discuss the concept of culture in banks, how it is shaped by the bank’s purpose and how it influences the bank’s strategy, risk management, and capital structure.

Suggested Citation

Thakor, Anjan V., Purpose, Culture, and Strategy in Banking (September 19, 2023). Olin Business School Center for Finance & Accounting Research Paper No. 2023/10, Available at SSRN: https://ssrn.com/abstract=4593251 or http://dx.doi.org/10.2139/ssrn.4593251

Anjan V. Thakor (Contact Author)

Washington University in St. Louis - John M. Olin Business School ( email )

One Brookings Drive
Campus Box 1133
St. Louis, MO 63130-4899
United States

Financial Theory Group ( email )

United States

European Corporate Governance Institute (ECGI) ( email )

c/o the Royal Academies of Belgium
Rue Ducale 1 Hertogsstraat
1000 Brussels
Belgium

Massachusetts Institute of Technology (MIT) - Laboratory for Financial Engineering ( email )

100 Main Street, E62-618
Cambridge, MA 02142
United States

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