Post-Crisis Corporate Culture and Governance in Banking
Working Paper Author/Authors
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.
© Anjan Thakor, 2020
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The views expressed are those of the author(s) and do not necessarily reflect those of ECGI or its members.
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