The Human Risk Podcast9 Mai 2020

Professor Elizabeth Sheedy on Behaviour in Banking

Why do people who work in banks engage in bad behaviour? That's the question my guest on this episode, Professor Elizabeth Sheedy of Macquarie University in Sydney, specialises in researching. She is a risk management expert based in the Department of Applied Finance and since 2012 her research focus has been on Risk Governance, Culture and Remuneration in Financial Institutions. So she's ideally placed to explore why there appears to be such an issue with behaviour in Financial Services. In our discussion, we talk about why bad behaviour occurs and what we can do to mitigate it. What are the factors that drive people to engage in it? Would it make a difference if the industry were more diverse?

You'll find links to her research below.

For more on Human Risk, including the Newsletter and Video Channel. visit www.human-risk.com.

This major study of risk culture in Australian and Canadian banks, highlights the issue of ‘avoidance’ culture in predicting poor behaviour: https://onlinelibrary.wiley.com/doi/abs/10.1111/corg.12200

How both remuneration and culture predict compliance behaviour: https://www.sciencedirect.com/science/article/pii/S0378426619301864

What is the potential of compensation deferrals to temper bad behaviour? Will people gravitate towards the pay structures they prefer? Will the nature of the workforce change if deferrals are introduced? https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3535347

This research explores the "Lehman Sisters" hypothesis, which posited that had Lehman Brothers been run by women, that things might have turned out differently. The research suggests the opposite; it turns out senior females in banks are pretty similar to their male counterparts.: https://www.emerald.com/insight/content/doi/10.1108/MF-11-2017-0465/full/html?casa_token=Sw-pGQTHpz4AAAAA:fu38Nld8uqZWES3N5koN1byos6t44SKVRrURunfUD9DWgLIHZlZpBqVDSMfR7eGbS1_-dpG3jmim_gVGRYuyo7qI1r1MQw1b0YoHvloXIVh4eZVllUvp

Denne episoden er hentet fra en åpen RSS-feed og er ikke publisert av Podme. Den kan derfor inneholde annonser.

Episoder(368)

Kristina Stiles on Burn Prevention

Why did an advertisement for coffee prompt a nurse to contact the company to ask them to withdraw it? The answer is that the nurse in question has 20 years experience in burn care, and the advertiseme...

5 Mai 20231h 7min

Jenny-Joy Kreindl on Leadership Communication

What’s the difference between a leader that communicates well and one that doesn’t?We’ve all seen examples of leaders who are terrible at communicating — whether it’s politicians that can’t find the r...

29 Apr 20231h 7min

Dr Kirsty Sedgman on Being Unreasonable

What do we mean when we say that someone is being unreasonable? On the face of it, the person we're describing has either broken a rule or a social norm. But what are we basing that on?My guest Dr Kir...

22 Apr 20231h 3min

Professor Magda Osman on Misinformation

Why might seeking to ban misinformation, be a bad idea? On this episode, I’m returning to a subject I’ve looked at before, with a guest I’ve spoken to before!She’s Professor Magda Osman — if you’ve no...

16 Apr 20231h 3min

Dr Siegfried Hoenle on Positive Leadership

In times of uncertainty and change, what do we need from leaders? On this episode, I'm sepaking to Dr Siegfried Hoenle, a leadership expert whose approach to leadership is relentlessly positive.Siegfr...

2 Apr 20231h 12min

Professor Magda Osman on Compliance, Coercion & Competence

What do Compliance, Coercion and Competence have to do with each other? They’re all subjects I talk about with my guest Professor Magda Osman who manages to weave all three topics together.Compliance ...

24 Mar 20231h 3min

Chris Houghton on Circularity

What is circularity, and why does it matter? As we seek to manage the climate emergency, companies are being challenged to play their part in being more sustainable. Which is where the concept of circ...

14 Mar 202349min

Nick Chatrath on AI & Leadership

As we enter the Age of Artificial Intelligence, what role will humans play? On this episode, I'm speaking to leadership expert and coach Nick Chatrath. He's a former colleague of mine and the author o...

3 Mar 202354min