Strategic human resources and governance in banking

Bace, Edward ORCID: https://orcid.org/0000-0003-4452-0350 (2018) Strategic human resources and governance in banking. MHRO18 - Jubilee Conference of the 5th Anniversary of the Strategic Human Resource Management Studies - Book of Abstracts. In: MHRO 18 International HR Conference, 04 -05 Oct 2018, Skopje, Macedonia. ISBN 9786082120584. [Conference or Workshop Item] (Published online first)

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Abstract

The importance of human and corporate governance, crucial to all serious undertakings, is particularly critical in the fields of finance and business. Banks and other financial institutions play a key role in a nation’s economy, and also have global implications for growth and prosperity. The abuses of the financial system, vividly illustrated in the 2008 crisis, reinforce the need for improved conduct and corporate governance among financial institutions, in which the Human Resources (HR) function, by virtue of its expertise, should play an enhanced and influential part. This summary paper argues for a strengthening of the HR position, emphasizing greater independence and more elevated reporting lines. It is the HR experts who should know better than most management in a bank about human foibles who contribute to system abuse and how to mitigate them. This way, the banks can more quickly win back the public trust they have gradually lost.

Item Type: Conference or Workshop Item (Presentation)
Keywords (uncontrolled): Human resources, corporate governance, banking
Research Areas: A. > Business School
A. > Business School > Accounting and Finance
A. > Business School > Centre for Enterprise and Economic Development Research (CEEDR)
A. > Business School > Economics
A. > Business School > International Management and Innovation
A. > Business School > International Management and Innovation > Corporate Social Responsibility and Business Ethics group
A. > Business School > International Management and Innovation > International Business group
A. > Business School > International Management and Innovation > International and Cross-cultural Management group
A. > Business School > Leadership, Work and Organisations
A. > Business School > Leadership, Work and Organisations > Diversity and Gender group
A. > Business School > Leadership, Work and Organisations > Employment Relations group
A. > Business School > Leadership, Work and Organisations > Professional Practice group for LWO
Item ID: 30860
Useful Links:
Depositing User: Edward Bace
Date Deposited: 28 Aug 2020 07:47
Last Modified: 30 Aug 2020 05:10
URI: https://eprints.mdx.ac.uk/id/eprint/30860

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