eprintid: 3046
rev_number: 8
eprint_status: archive
userid: 889
dir: disk0/00/00/30/46
datestamp: 2015-06-24 09:41:22
lastmod: 2016-08-22 10:27:39
status_changed: 2015-06-24 09:41:22
type: conference_item
metadata_visibility: show
contact_email: jmaher@wit.ie
creators_name: Maher, John
creators_id: jmaher@wit.ie
title: Finance, Failures, Fines and Fiefdoms
ispublished: unpub
subjects: rsrch_na
divisions: bus_acc
full_text_status: public
pres_type: other
keywords: Financial Regulation, Public Policy, Financial Risk, Regulatory Enforcement, Regulatory Goals for Financial Services
note: The phenomenon being considered here involves several domains including economics, law, accounting, organisation behaviour, psychology, politics and sociology, among others
abstract: This presentation addresses issues associated with the fines and settlements of over €100bn imposed on international banks by regulatory authorities in Europe and the USA in recent years. It examines the purpose of regulation and the background to the events and behaviours which resulted in transfers of this magnitude. It expresses some hypotheses regarding what may unfold in the future and gives weight to the examination of roles that exist in institutions party to these transfers. It suggests some tasks that may be helpful as the sector pursues the next phase in its journey, perhaps with certain redemptive attributes in mind.
date: 2015-05-07
date_type: published
pagerange: 1-20
event_title: Bank Regulation : Too Much or Too Little
event_location: iff, The Hall of the Patriots, Hamburg, Germany
event_dates: 7th & 8th May 2015
event_type: conference
refereed: TRUE
referencetext: RD Blair & T Knight (2013) Compliance with Corporate policy : an economic approach, Managerial & Decision Economics, Vol 34, pp 529-537
D Gozman & W Currie ( 2014 ) The role of Investment Management Systems in regulatory compliance: a Post-Financial Crisis study of Displacement Mechanisms, Journal of Information Technology Vol 29, pp 44-58 
Donald Palmer, (2012) Normal Organizational Wrongdoing, Oxford University Press.
Malcom K Sparrow, (2010) The Character of Harms, Cambridge University Press 
JR Barth, G Caprio & R Levine, (2012) Guardians of Finance, MIT Press
Robert Simon, (1994) Levers of Control, Harvard Business School Press
citation:   Maher, John  (2015) Finance, Failures, Fines and Fiefdoms.  In: Bank Regulation : Too Much or Too Little, 7th & 8th May 2015, iff, The Hall of the Patriots, Hamburg, Germany.    (Unpublished)  
document_url: http://repository.wit.ie/3046/1/Finance%20Failures%20Fines%20and%20Fiefdoms%20May%202015.pdf