國立高雄大學圖資館 |

Language: English

Back

Remaking culture on Wall Streeta beh...

Engler, Henry.

Remaking culture on Wall Streeta behavioral science approach for building trust from the bottom up /

Record Type:	Electronic resources : Monograph/item
Title/Author:	Remaking culture on Wall Streetby Henry Engler.
Reminder of title:	a behavioral science approach for building trust from the bottom up /
Author:	Engler, Henry.
Published:	Cham :Springer International Publishing :2018.
Description:	vii, 101 p. :ill., digital ;24 cm.
Contained By:	Springer eBooks
Subject:	Financial institutionsProfessional ethics.
Online resource:	https://doi.org/10.1007/978-3-030-02086-6
ISBN:	9783030020866$q(electronic bk.)

Remaking culture on Wall Streeta behavioral science approach for building trust from the bottom up /
Engler, Henry.

Remaking culture on Wall Streeta behavioral science approach for building trust from the bottom up /[electronic resource] :by Henry Engler. - Cham :Springer International Publishing :2018. - vii, 101 p. :ill., digital ;24 cm.

1. Introduction -- 2. The Financial Crisis: The Culture Problem Emerges -- 3. Culture and Organizational Size -- 4. Global Regulators: Limits on What They Can Do -- 5. Enforcing Culture: Criminally-based Compliance -- 6. Behavioral Science: From Theory to Practice -- 7. U.S. Regulators: Requiring Behavioral Risk Teams -- 8. What is Finance For.

20 billion in fines related to misconduct. Nearly ten years later, while many large financial firms have increased their attention to bad behavior and cultural drivers, the degree of commitment and progress in these efforts has not been even across the industry. Serious or persistent misconduct continues in some firms. Many organizations have attempted to curb bad behavior through intrusive monitoring and enforcement actions which reflect a lack of trust in their employees. A different approach is needed, one that gets at the root causes of misconduct and attempts to rebuild culture from the bottom up, with the employee at the center. This is where tools from behavioral science can help senior risk officers, compliance and business heads better understand the mind-set of their employees and internal communities and create an environment where the link between ethical behavior and strong business results is promoted. If firms continue to fail in establishing stronger internal cultures, regulators may feel compelled to step in and dictate what they should do. This book emphasizes the need for a change in approach, looking at the increased incidence of misconduct and culture breakdown since the 2008 crisis, how regulators have responded, and includes a series of proposals to restore that trust and reform culture.Since 2008, financial firms have paid, in aggregate, in excess of

ISBN: 9783030020866$q(electronic bk.)

Standard No.: 10.1007/978-3-030-02086-6doiSubjects--Topical Terms:

826426
Financial institutions
--Professional ethics.

LC Class. No.: HG103 / .E545 2018

Dewey Class. No.: 174.4

Remaking culture on Wall Streeta behavioral science approach for building trust from the bottom up /
LDR:02752nmm a2200325 a 4500 001 547259
003 DE-He213
005 20190424155711.0
006 m d
007 cr nn 008maaau
008 190709s2018 gw s 0 eng d
020 $a 9783030020866$q(electronic bk.)
020 $a 9783030020859$q(paper)
024 7 $a 10.1007/978-3-030-02086-6 $2 doi
035 $a 978-3-030-02086-6
040 $a GP $c GP
041 0 $a eng
050 4 $a HG103 $b .E545 2018
072 7 $a KCY $2 bicssc
072 7 $a BUS027000 $2 bisacsh
072 7 $a KCY $2 thema
082 0 4 $a 174.4 $2 23
090 $a HG103 $b .E58 2018
100 1 $a Engler, Henry. $3 826425
245 1 0 $a Remaking culture on Wall Street $h [electronic resource] : $b a behavioral science approach for building trust from the bottom up / $c by Henry Engler.
260 $a Cham : $b Springer International Publishing : $b Imprint: Palgrave Macmillan, $c 2018.
300 $a vii, 101 p. : $b ill., digital ; $c 24 cm.
505 0 $a 1. Introduction -- 2. The Financial Crisis: The Culture Problem Emerges -- 3. Culture and Organizational Size -- 4. Global Regulators: Limits on What They Can Do -- 5. Enforcing Culture: Criminally-based Compliance -- 6. Behavioral Science: From Theory to Practice -- 7. U.S. Regulators: Requiring Behavioral Risk Teams -- 8. What is Finance For.
520 $a Since 2008, financial firms have paid, in aggregate, in excess of $3 20 billion in fines related to misconduct. Nearly ten years later, while many large financial firms have increased their attention to bad behavior and cultural drivers, the degree of commitment and progress in these efforts has not been even across the industry. Serious or persistent misconduct continues in some firms. Many organizations have attempted to curb bad behavior through intrusive monitoring and enforcement actions which reflect a lack of trust in their employees. A different approach is needed, one that gets at the root causes of misconduct and attempts to rebuild culture from the bottom up, with the employee at the center. This is where tools from behavioral science can help senior risk officers, compliance and business heads better understand the mind-set of their employees and internal communities and create an environment where the link between ethical behavior and strong business results is promoted. If firms continue to fail in establishing stronger internal cultures, regulators may feel compelled to step in and dictate what they should do. This book emphasizes the need for a change in approach, looking at the increased incidence of misconduct and culture breakdown since the 2008 crisis, how regulators have responded, and includes a series of proposals to restore that trust and reform culture.
650 0 $a Financial institutions $x Professional ethics. $3 826426
650 0 $a Corporate culture $x Moral and ethical aspects. $3 353095
650 1 4 $a Popular Science in Finance. $3 792683
650 2 4 $a Behavioral Finance. $3 794582
650 2 4 $a Financial Services. $3 747489
650 2 4 $a Financial Crises. $3 779562
650 2 4 $a American Culture. $3 745008
710 2 $a SpringerLink (Online service) $3 273601
773 0 $t Springer eBooks
856 4 0 $u https://doi.org/10.1007/978-3-030-02086-6
950 $a Economics and Finance (Springer-41170)