Central Banks and the New Regulatory Regime for Banks

Author(s):  
David T. Llewellyn

The most serious global banking crisis in living memory has given rise to one of the most substantial changes in the regulatory regime of banks. While not all central banks have responsibility for regulation, because they are almost universally responsible for systemic stability, they have an interest in bank regulation. Two core objectives of regulation are discussed: lowering the probability of bank failures and minimizing the social costs of failures that do occur. The underlying culture of banking creates business standards and employee attitudes and behavior. There are limits to what regulation can achieve if the underlying cultures of regulated firms are hazardous. There are limits to what can be achieved through detailed, prescriptive, and complex rules, and when, because of what is termed the endogeneity problem, rules escalation raises issues of proportionality, a case is made for banking culture to become a supervisory issue.

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Min-Shi Liu ◽  
Nien-Chi Liu

PurposeAccording to human capital theory, companies derive economic value from the knowledge, skills and abilities (KSAs) of their employees. Research conducted by strategic human resource management has focused on how investment in human capital can create a competitive advantage for an organization. The purpose of the paper is, therefore, to investigate how the choice of different human capital acquisition strategies – “make or buy” – can influence employee attitudes and behavior.Design/methodology/approachThis study explores the relationship between internal and external human capital strategies and employee’s attitudes and behavior in Taiwan's IC (integrated circuit) design industry. The cross-sectional dataset derives from a sample of 49 human resource departments and 497 employees from 25 different IC design companies.FindingsThe findings indicate that the decisions made on human capital strategies have an important influence on employee’s attitude and behavior. The results also show that a climate of trust and perceived organizational support is a cross-level mechanism for both human capital strategy and employees' attitudes and behavior.Originality/valueThere has been little research on the cross-level analysis of human capital acquisition strategies that can influence employee’s attitudes and behavior. This study verified that internal and external human capital strategies do affect employees' individual perceptions of organizational support via the organizational-level climate of trust, which in turn influences employees' attitudes and behavior. This cross-level mechanism indeed will facilitate new insights into the nature of strategic human resource management.


2019 ◽  
Vol 40 (15) ◽  
pp. 2146-2178 ◽  
Author(s):  
Joana Nunes Patrício ◽  
Diniz Lopes ◽  
Margarida Vaz Garrido ◽  
Maria Manuela Calheiros

The literature suggests that families of children and youths in residential care are often associated with negative social images. These images may shape prejudiced attitudes and behavior toward them and, when shared by care professionals, compromise the effectiveness of family intervention and reintegration. This study explored these social images in a sample of 176 participants with and without professional contact with this population. Participants were asked to indicate five attributes describing families of children or youths living in residential care or in mainstream environments with low or medium socioeconomic status (SES). Results indicated that both families of children and youths in residential care and families of low SES were predominantly described with negative attributes. However, only the former were characterized by dysfunctional parenting-related attributes. Medium SES families were overall described with positive attributes. Furthermore, these social images were organized in different profiles. Implications for family intervention and reintegration are discussed


2019 ◽  
Vol 100 (4) ◽  
pp. 433-441
Author(s):  
Jennifer L. Friedman ◽  
Cheryl L. Somers ◽  
Lauren Mangus

The purpose of this study was to examine the contributions of peer and sibling relationships to adolescent sexual attitudes and behavior. Data were collected from a sample of 492 participants, ages 14 to 18 years, from a large suburban high school in the Midwest. The results revealed that more than half of the female participants were initiated into nonvirginity by experienced males, which provides some support for the social contagion theory. Perceived peer approval was the strongest predictor, with siblings also contributing. Some mediation analyses were significant as well. Implications for future research and practice are discussed.


2014 ◽  
Vol 36 (6) ◽  
pp. 606-621 ◽  
Author(s):  
M. Teresa Ortega-Egea ◽  
Antonia Ruiz Moreno ◽  
M. Carmen Haro Domínguez

Purpose – The purpose of this paper is to analyze how the presence of communication and knowledge flows influences the creation of a work context that supports innovation, and how this relationship is moderated by labor externalization. Design/methodology/approach – To study these relationships, the authors use a sample of 249 workers from five organizations. The different hypotheses proposed are contrasted using hierarchical regression analysis. Findings – The results obtained show the authors that, when communication flows exist, workers’ orientation to innovation is greater; likewise, knowledge transfer influences workers’ innovative attitude positively. However, the results are different when externalization of workers acts as a moderating variable. Practical implications – The firm's management should make decisions and foster the production of information flows between employees, as the results obtained indicate that communication and knowledge transfer encourage employee attitudes and behavior favorable to innovation. Originality/value – The main contribution of this study is to provide new empirical evidence on the influence of communication and knowledge flows on workers’ orientation to innovation. The authors also analyze how these relationships are affected by the presence of externalization. The evidence obtained in this study permits to deduce what actions foster or inhibit organizations in creating a work context that supports innovation and thus encourages the generation of innovation.


2021 ◽  
Vol 11 (1) ◽  
pp. 121
Author(s):  
Majang Palupi

The role of formal justice becomes the dominant aspect in explaining employee attitudes and behavior in the organization. The purpose of this study is to investigate formal justice which consists of distributive and procedural justice in explaining job satisfaction and continuance commitment in organizations. The respondents of this study are employees from private small and medium business sector. The number of questionnaires obtained and could be used as many as 215 questionnaires. Hypothesis test results show that there is a significant positive relationship between procedural justice toward job satisfaction and also continuance commitment through job satisfaction, whereas distributive justice positively influences continuance commitment. Other result shows job satisfaction positively effects continuance commitment. As such, formal justice fulfills its importance of explaining job satisfaction and continuance commitment while job satisfaction is largely in mediating the effect of formal justice on continuance commitment.


Author(s):  
Ewa D. Zakrzewska

This chapter examines the function of the Acts of the Martyrs preserved in Bohairic, which played a very influential role in the life of the Church at times, despite their historical inaccuracies. It takes a closer look at the social practices in which these texts functioned and interprets them as manifestations of religious discourse, where the term “discourse” is used in a broad sense to refer to human linguistic behavior appropriate in given social circumstances regardless of the mode (oral or written). It suggests that that the Acts of the Martyrs, which were intended to be read aloud during the liturgical commemoration of a martyr, were essentially persuasive texts: their main function was to influence the attitudes and behavior of their intended audience. The purpose of the present analysis is to reconstruct the strategies by which the realization of this persuasive aim was made possible.


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