Download or read book The Corporate Culture of Banking in the Western United States written by Teresa Ferrari Votruba and published by . This book was released on 1992 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Bank Culture Debate written by Huw Macartney and published by Oxford University Press, USA. This book was released on 2019-09-12 with total page 301 pages. Available in PDF, EPUB and Kindle. Book excerpt: The period since the Global Financial Crisis and numerous scandals have exposed some areas of serious illegal and unethical conduct within western banking systems. Despite extensive reforms it is increasingly apparent however that there is a persistent problem with the 'culture' of banking in Anglo-America. US and UK state managers made substantial efforts to reform the culture of their banking sectors. However, this book argues that they focused on an extremely narrow definition of bank culture. They did so for two reasons: firstly, because the structural pressures of financialization - which are a far more important driver of the problematic features of bank culture in Anglo-America - are harder to remedy; but secondly, state managers also used their bank culture response to tackle a legitimacy crisis facing their institutions of government. In so doing they abdicated responsibility for the real problems - of inequality and instability - associated with their respective financial systems Drawing on interviews with more than 150 individuals working in financial services as well as regulators, politicians, and lawyers, The Bank Culture Debate explains the strategies employed by state managers before then examining what has and has not changed in the culture of banking in the US and UK.
Download or read book Corporate Culture and Performance written by John P. Kotter and published by Simon and Schuster. This book was released on 2008-06-30 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: Going far beyond previous empirical work, John Kotter and James Heskett provide the first comprehensive critical analysis of how the "culture" of a corporation powerfully influences its economic performance, for better or for worse. Through painstaking research at such firms as Hewlett-Packard, Xerox, ICI, Nissan, and First Chicago, as well as a quantitative study of the relationship between culture and performance in more than 200 companies, the authors describe how shared values and unwritten rules can profoundly enhance economic success or, conversely, lead to failure to adapt to changing markets and environments. With penetrating insight, Kotter and Heskett trace the roots of both healthy and unhealthy cultures, demonstrating how easily the latter emerge, especially in firms which have experienced much past success. Challenging the widely held belief that "strong" corporate cultures create excellent business performance, Kotter and Heskett show that while many shared values and institutionalized practices can promote good performances in some instances, those cultures can also be characterized by arrogance, inward focus, and bureaucracy -- features that undermine an organization's ability to adapt to change. They also show that even "contextually or strategically appropriate" cultures -- ones that fit a firm's strategy and business context -- will not promote excellent performance over long periods of time unless they facilitate the adoption of strategies and practices that continuously respond to changing markets and new competitive environments. Fundamental to the process of reversing unhealthy cultures and making them more adaptive, the authors assert, is effective leadership. At the heart of this groundbreaking book, Kotter and Heskett describe how executives in ten corporations established new visions, aligned and motivated their managers to provide leadership to serve their customers, employees, and stockholders, and thus created more externally focused and responsive cultures.
Download or read book The Early Transportation and Banking Enterprises of the States in Relation to the Growth of Corporations written by Guy Stevens Callender and published by . This book was released on 1902 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Bank Control of Large Corporations in the United States written by David M. Kotz and published by Univ of California Press. This book was released on 1980-05-09 with total page 231 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Truly a distinguished piece of work, based on new data that had not been analyzed before. There is an excellent combination of historical perspective, conscientious examination of a great mass of data, and penetrating analysis." --Robert Aaron Gordon, Charter Member of the Brookings Panel on Economic Activity "Contends that since the Second World War, a small number of 'giant, well-established' banks in a few major cities have re-emerged as the major group that controls large corporations. Places the financial control thesis in historical perspective from the Civil War to the present and then examines the control of the two hundred largest U.S. corporations in 1967-69 in terms of owner control, financial control, and no identified center of control. Also comments on the means of exercising control. ... the author finds that a substantial portion of the largest nonfinancial corporations in 1967-69 were under the control of financial institutions; the control is exercised through the ownership of stock and the role of the bankers as creditors of the corporations."--Journal of Economic Literature "Recent empirical evidence, made available through congressional hearings, reveals that large banking groups are exercising substantial influence over nonfinancial corporations. This is accomplished through stockholdings, creditor relationships, and directorship ties. In this excellent historical statistical analysis, Katz assesses the extent and impact of such control in a competitive economy." --Library Journal
Download or read book Banking in the American West written by Lynne Pierson Doti and published by . This book was released on 1991 with total page 357 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Building an International Financial Services Firm written by Markus Venzin and published by OUP Oxford. This book was released on 2009-01-22 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: A new era of global banking and insurance is emerging, with leading banks eager to serve international markets. This book explores the issues that arise for banks in their strategic choices as they move into these new international markets. Building an International Financial Services Firm challenges conventional assumptions from the international management literature on topics such as the limits of globalization, the importance of cultural and institutional distance, the nature of economies of scale and scope, the existence of first mover advantages, the logic behind the global value chain configuration, the speed and timing of market entry, as well as organizational architecture. It focuses on fundamental strategic decisions such as when, where, and how to enter foreign markets and how to design the organizational architecture of the multinational financial services firm. Using simple theoretical frameworks illustrated by case examples, this book provides a thorough guide to the challenges of the international market for financial services firms, both for those working in the financial services industry, and researchers studying the area.
Download or read book Corporate Culture in Banking written by Roger Claessens and published by AuthorHouse. This book was released on 2012-03-07 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: Roger Jean Claessens; Founder of R.J. Claessens & Partners is an International lecturer and Independent Consultant for the financial services industry in marketing, planning, economics, wealth management, prevention of money laundering and branch management especially for the central and commercial banks. Currently, he serves also as a Professor at UBI (United Business Institutes, Brussels (BBA & MBA) and as an expert lecturer for FEBELFIN (Federation of banks and insurance companies in Belgium) and the Banking and Finance Academy of Serbia as well as the Bank Association, amongst others. Roger Claessens is a specialized trainer who has delivered more than 500 training courses, seminars, workshops and conferences in Europe, Asia and Africa. He lecturers for banking professionals in several countries and shows an extensive experience in course design and implementation. Some of his key qualifications are as Former Marketing Manager for the Netherlands at Credit Lyonnais Bank Nederland and former head of marketing for North Africa for Bank of America. Roger Claessens is a much sought after speaker in numerous presentations, conferences and training in more than 25 countries. With over 30 years of experience, his forte is in the preparation of the course material for specific bank training sessions covering Branch Management, Prevention of Money Laundering, Compliance, Retail Banking and Market & Branding. He has extensive knowledge and experience of the banking sectors training requirements in developing countries. He has authored several books in the financial sector covering from Marketing of Financial Services, Ethics, Corporate values and Money laundering, Bank Branch Management and Banking fundamentals in his latest book:
Download or read book Bankers and Empire written by Peter James Hudson and published by University of Chicago Press. This book was released on 2017-04-27 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the end of the nineteenth century until the onset of the Great Depression, Wall Street embarked on a stunning, unprecedented, and often bloody period of international expansion in the Caribbean. A host of financial entities sought to control banking, trade, and finance in the region. In the process, they not only trampled local sovereignty, grappled with domestic banking regulation, and backed US imperialism—but they also set the model for bad behavior by banks, visible still today. In Bankers and Empire, Peter James Hudson tells the provocative story of this period, taking a close look at both the institutions and individuals who defined this era of American capitalism in the West Indies. Whether in Wall Street minstrel shows or in dubious practices across the Caribbean, the behavior of the banks was deeply conditioned by bankers’ racial views and prejudices. Drawing deeply on a broad range of sources, Hudson reveals that the banks’ experimental practices and projects in the Caribbean often led to embarrassing failure, and, eventually, literal erasure from the archives.
Download or read book Fragile by Design written by Charles W. Calomiris and published by Princeton University Press. This book was released on 2015-08-04 with total page 584 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why stable banking systems are so rare Why are banking systems unstable in so many countries—but not in others? The United States has had twelve systemic banking crises since 1840, while Canada has had none. The banking systems of Mexico and Brazil have not only been crisis prone but have provided miniscule amounts of credit to business enterprises and households. Analyzing the political and banking history of the United Kingdom, the United States, Canada, Mexico, and Brazil through several centuries, Fragile by Design demonstrates that chronic banking crises and scarce credit are not accidents. Calomiris and Haber combine political history and economics to examine how coalitions of politicians, bankers, and other interest groups form, why they endure, and how they generate policies that determine who gets to be a banker, who has access to credit, and who pays for bank bailouts and rescues. Fragile by Design is a revealing exploration of the ways that politics inevitably intrudes into bank regulation.
Download or read book Commercial West written by and published by . This book was released on 1910 with total page 1594 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Money and Banks in the American Political System written by Kathryn C. Lavelle and published by Cambridge University Press. This book was released on 2013-01-14 with total page 329 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Money and Banks in the American Political System, debates over financial politics are woven into the political fabric of the state and contemporary conceptions of the American dream. The author argues that the political sources of instability in finance derive from the nexus between market innovation and regulatory arbitrage. This book explores monetary, fiscal and regulatory policies within a political culture characterized by the separation of business and state, and mistrust of the concentration of power in any one political or economic institution. The bureaucratic arrangements among the branches of government, the Federal Reserve, executive agencies, and government sponsored enterprises incentivize agencies to compete for budgets, resources, governing authority and personnel.
Download or read book Corporate Culture in Banking written by Anjan V. Thakor and published by . This book was released on 2015 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: In light of the erosion of public trust in banking and the massive fines imposed on banks since the 2007-09 financial crisis, the issue of culture in banking as an integral part of bank governance has loomed large, and is now occupying significant regulatory attention. This paper reviews the literature on corporate culture in Economics and Organizational Behavior and extracts the lessons from this research for the issue of bank culture. There is a discussion of a framework for diagnosing and changing corporate culture in a way that more effectively supports the bank's growth strategy and induces behavior that enhances financial stability. A strong culture in a bank can therefore be viewed as an off-balance sheet complement to financial capital on the bank's balance sheet. The implications of the existing research on culture for senior bank executives and bank regulators and supervisors are synthesized and discussed.
Download or read book The Government of Money written by Peter A. Johnson and published by Cornell University Press. This book was released on 2019-05-15 with total page 259 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years governments have increasingly given their central banks the freedom to pursue policies of price stability. In particular, the German Bundesbank and the U.S. Federal Reserve have been widely considered models of autonomous policymaking. This book traces the origins of their success to the political struggle to adopt monetarism in Germany and the United States. The Government of Money contends that the political involvement of monetarist economists was central to this endeavor. The book examines the initiatives undertaken by monetarists from 1970 to 1985 and the policies that resulted once their ideas were enacted. Taking a historical approach to major issues of political economy, Peter A. Johnson describes both the political efforts of the monetarist economists to convert central banks to their preferred policies and the resistance offered by traditionalist central bankers, politicians, and financial and labor interests. Johnson concludes that monetarist ideas succeeded in part because their supporters convincingly claimed that price stability would promote political stability. He thereby challenges important assumptions about politics and policymaking in both countries and reveals the often hidden influence of monetary policy on the health of capitalist democracies.
Download or read book How Society Makes Itself The Evolution of Political and Economic Institutions written by Howard J Sherman and published by Routledge. This book was released on 2015-06-01 with total page 249 pages. Available in PDF, EPUB and Kindle. Book excerpt: This radical account of the evolution of political, social, and economic institutions weaves together strands of anthropology, sociology, political science, history, and economics. In a highly readable text, Howard Sherman explains the interconnections of ideas and economic forces, and traces the evolution of social and economic institutions from primitive times to the present. Sherman focuses on the myth of "inevitable progress" in technology, and argues that it progresses only when social and economic institutions and dominant ideas encourage it to improve. He shows that throughout history technology, as a part of the economic forces, ebbs and flows to create or undermine existing economic institutions.
Download or read book Centres and Peripheries in Banking written by Even Lange and published by Routledge. This book was released on 2016-12-05 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume presents a broad investigation into the relationship between the centre and the periphery in banking. Focusing on the historical development of financial markets, from their emergence in the early modern period to today's global financial and capital markets, the chapters investigate how local, national and international relationships have affected and helped shape the banking industry over three-hundred years. This wide-ranging discussion in time and place is provided by a group of international experts, encompassing bankers, economists, economic historians and historians, and will be of interest to all those with a scholarly or professional interest in the development of financial institutions.
Download or read book The Age of Aspiration written by Dilip Hiro and published by New Press, The. This book was released on 2015-10-06 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nearly four decades ago, Dilip Hiro's Inside India Today, banned by Indira Gandhi's government, was acclaimed by The Guardian as simply “the best book on India.” Now Hiro returns to his native country to chronicle the impact of the dramatic economic liberalization that began in 1991, which ushered India into the era of globalization. Hiro describes how India has been reengineered not only in its economy but also in its politics and cultural mores. Places such as Gurgaon and Noida on the outskirts of Delhi have been transformed from nondescript towns into forests of expensive high-rise residential and commercial properties. Businessmen in Bollywood movies, once portrayed as villains, are now often the heroes. The marginal, right-wing Hindu militants of the past now rule the nominally secular nation, with Prime Minister Narendra Modi as their avatar, one whose electoral victory was funded by big business. Hiro provides a gripping account of the role played by Indians who have settled in the United States and Britain since 1991 in boosting India's GDP. But he also highlights the negatives: the exponential growth in sleaze in the public and private sectors, the impoverishment of farmers, and the rise in urban slums. A masterful panorama, The Age of Aspiration covers the whole social spectrum of Indians at home and abroad.
