The Evolution of Corporate Governance in Banking Industry of Thailand from the 1997 Asian Crisis to the 2008 Global Credit Crisis

2010 ◽  
Author(s):  
Pongsak Hoontrakul ◽  
Chatsurang Cathy Karnchanasai
Keyword(s):  
Corporate Governance ◽  
Banking Industry ◽  
Asian Crisis ◽  
Credit Crisis

scholarly journals Ignoring personal moral compass: factors shaping bankers’ decisions

2019 ◽  
Vol 27 (3) ◽  
pp. 357-379
Author(s):  
Mouhamed El Bachire Thiam ◽  
Jonathan Liu ◽  
John Aston
Keyword(s):  
Corporate Governance ◽  
Financial Regulation ◽  
Banking Industry ◽  
Least Square ◽  
Ethical Criticism ◽  
Credit Crisis ◽  
Ethical Challenges ◽  
Content Type ◽  
Governance Systems ◽  
Ordinary Least Square Regression

Purpose The purpose of this paper is to increase our understanding of the challenges the banking industry continues to face from an ethics standpoint more than a decade after the credit crisis. Since 2007, there has been renewed interest in the way professional ethics is integrated within the banking culture. With a public that has become more sensitive towards ethical and corporate governance failures, the banking industry has been at the receiving end of strong ethical criticism. Yet, in spite of the regulatory response to the crisis, ethics is still a major issue in an industry where the corporate governance systems implemented by companies have failed to control employee behaviours, even in institutions branding themselves as ethical banks. Design/methodology/approach This paper studies factors inside and around institutions in the banking industry that impact the moral anomie in bankers’ professional environment. This paper applies an ordinary least square regression analysis, preceded by exploratory and confirmatory factor analysis, to test the hypothesised relations between anomie and the factors proposed. Findings The results show that long-term orientation, strategic aggressiveness and competitive intensity do have an influence on anomie. These results are compared to previous research applied in non-financial industries and prompt the strengthening of corporate governance systems in financial companies with aggressive corporate cultures. Originality/value The paper therefore introduces the factors that lead bankers to ignore the morals they gained from society and provide a better understanding of the reasons behind the deviant behaviours that caused the crisis a decade ago. It represents a crucial first step for future policymaking that fills an important gap in the financial regulation literature. Indeed, the lack of understanding of the factors dictating behaviours in the industry meant that regulatory changes in the past decade have mostly focussed on technical aspects of the problem (e.g. new capital structure requirements) and produced few answers to address the ethical challenges.

scholarly journals Public corporate governance of state-owned enterprises: evidence from the Spanish banking industry

2012 ◽  
Vol 32 (4) ◽  
pp. 265-272 ◽  
Author(s):  
Tamyko Ysa ◽  
Mireia Giné ◽  
Marc Esteve ◽  
Vicenta Sierra
Keyword(s):  
Corporate Governance ◽  
Banking Industry ◽  
Public Corporate Governance

Corporate Governance and Accounting Conservatism: Evidence from the Banking Industry

2013 ◽  
Vol 21 (3) ◽  
pp. 264-286 ◽  
Author(s):  
Stergios Leventis ◽  
Panagiotis Dimitropoulos ◽  
Stephen Owusu-Ansah
Keyword(s):  
Corporate Governance ◽  
Banking Industry ◽  
Accounting Conservatism
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