St Andrews and Edinburgh uni study finds dangerous links between risk taking, profit and culture in banks

Press/Media: Research

Description

New research carried out by the University of St Andrews and the University of Edinburgh Business School, has found that banks whose corporate culture leans towards aggressive competition are associated with overall riskier lending practices, causing vulnerability to the financial system.

Period6 Mar 2018

Media coverage

1

Media coverage

  • TitleSt Andrews and Edinburgh uni study finds dangerous links between risk taking, profit and culture in banks
    Media name/outletScottish Financial News
    CountryUnited Kingdom
    Date6/03/18
    DescriptionNew research carried out by the University of St Andrews and the University of Edinburgh Business School, has found that banks whose corporate culture leans towards aggressive competition are associated with overall riskier lending practices, causing vulnerability to the financial system.
    PersonsBen Sila, Duc Duy Nguyen, Linh Hoai Nguyen