The Human Risk Podcast26 Maalis 2021

Professor Barbara Casu on how gender diversity on Boards can reduce misconduct

Can gender diversity on Boards reduce misconduct?

That's what my guest on this episode, Barbara Casu of The Business School in London, explored in recent research into the banking sector. Barbara is a Professor of Banking and Finance and she's also Director of Centre for Banking Research. In a paper published in December, Barbara and her colleague Dr Angela Gallo showed that banks with a strong female presence on the board of directors incurred fewer financial penalties for wrongdoing.

The study, titled Gender Diversity and Bank Misconduct, uncovered data suggesting that banks with strong diversity at the top were more compliant, and tended to avoid the same level of financial punishment compared to those with male-dominated boardrooms, with significant equivalent savings of $7.48 million per year.

On the episode, we explore the impetus behind the research, what they discovered and what the implications are for the industry going forward. Barbara's insights are fascinating and illustrate that if we want to mitigate Human Risk, a focus on diversity and inclusion is critical.

For more on the Centre for Banking Research 👉https://www.cass.city.ac.uk/faculties-and-research/centres/cbr

To read more about the research 👉https://www.cass.city.ac.uk/news-and-events/news/2019/december/gender-diverse-boardrooms-reduce-bank-misconduct-penalties-by-748m-per-year-study-finds

You can download the paper 👉https://www.cass.city.ac.uk/__data/assets/pdf_file/0009/510975/Arnaboldi_et_al_2020.pdf

Tämä jakso on lisätty Podme-palveluun avoimen RSS-syötteen kautta eikä se ole Podmen omaa tuotantoa. Siksi jakso saattaa sisältää mainontaa.

Jaksot(368)

Michael Walford-Williams on Ethical Hacking of Human Controls

How can we assess the level of human risk we’re running in a control framework? Unlike technology, humans aren’t always reliable and how they behave under pressure may well be different to how they b...

9 Loka 20211h

Professor Vanessa Bohns on Influence

Why do we sometimes find ourselves feeling unable to influence other people? If you've ever found yourself thinking you're ineffective, invisible or inarticulate, then you're not alone. We've all ex...

2 Loka 202157min

Taylor Edwards on Selling Compliance

What can Compliance learn from Sales? On the face of it, they're very different things: sales is about persuading customers to buy a service or product, whereas Compliance is about telling employees ...

25 Syys 20211h 4min

Jean-Marc Le Tissier on Communities

How can building a community help business? That's what my guest Jean-Marc Le Tissier helps me to understand on this episode. We're all familiar with the idea of a community, in terms of where we li...

15 Syys 20211h 2min

Mark Bowden on communicating effectively in a virtual environment

How can we communicate more effectively in a virtual environment?My guest Mark Bowden is a body language expert who is well known for advising senior business leaders, celebrities and politicians on ...

2 Syys 20211h

Dr Nihan Albayrak-Aydemir on Responses to Refugees

What determines how we individually react to refugees? That’s the question that my guest on this episode, Dr Nihan Albayrak-Aydemir, has explored in her PhD. Nihan is originally from Turkey and came ...

22 Elo 202157min

Alastair Thomson on Creative Accountancy

What is Creative Accountancy? That's what I'm exploring on this episode. It's a term I've invented — a deliberate play on the term 'Creative Accounting' — to describe the approach which my guest Alas...

16 Elo 20211h 6min

Dr Ruidi Shang on Crowdsourcing Human Risk Insights

How can we use crowdsourcing to obtain human risk insights? We’re all familiar with companies that have faced big issues in terms of misconduct. When there’s a big scandal — whether that’s banks engag...

13 Elo 202159min