The Human Risk Podcast9 Maj 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

Det här avsnittet är hämtat från ett öppet RSS-flöde och publiceras inte av Podme. Det kan innehålla reklam.

Avsnitt(368)

Dr Gia Nardini on how Social Movements succeed

What makes some social movements successful and others not? That's what my guest on this episode Dr Gia Nardini, an Assistant Professor at Denver University, set out to find out when she examined the...

16 Apr 20211h 1min

Araminta Naylor & Dr Nick Hobson on Mitigating Human Risk in Applied Behavioural Science

How can we mitigate human risk in a profession to ensure that practitioners engage in ethical practice and customers can rely on the people they engage? It's a challenge facing many new digital indust...

13 Apr 202156min

Eliot Wilson on decision-making in politics

When it comes to decision-making, there are few roles that have as much impact on everyone's lives as those taken by politicians. But what is it about politics, that brings out human risk? On this epi...

4 Apr 20211h

Tim Harford on using data to make smarter decisions

How can we be smarter about interpreting the data that is presented to us? On a daily basis, we’re bombarded with information — some of it well-intentioned, some of it deliberately misleading. Whet...

31 Mars 202153min

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 ...

26 Mars 20211h 2min

Maarten Hoekstra on Ethics: 'Making the Good doable'

How can we make it easier for people to do the right thing? My guest on this episode, Maarten Hoekstra, is fascinated by this challenge of "making the good, doable". Maarten is Co-Chair of the Behavio...

20 Mars 202154min

Kelly Paxton on Pink Collar Crime under COVID

How has COVID facilitated Pink Collar Crime? That's what my guest on this episode, Kelly Paxton, is here to explain. This is her second appearance on the show (you'll find the first here 👉https://ww...

14 Mars 20211h 7min

Evelyn Gosnell & Lindsay Juarez on reducing the spread of misinformation on social media

What can we do to reduce the spread of misinformation on social media?That was the challenge facing my guests on this episode and, having succeeded, they came onto the show to talk about what they'd l...

7 Mars 202155min