Experts in top team and board consulting, training and development
Research
When Rules and Principles are Not Enough: Insiders’ Views and Narratives On the Global Financial Crisis
Andrew Kakabadse, Nada Kakabadse, Philip Reeves Knyght and Alexander Kouzmin

Much has been written about Wall Street and the global financial crisis (GFC). From a fraudulent derivatives market to a contestable culture of banking bonuses, culpability has been examined within the frames of American praxis, namely that of American exceptionalism. This study begins with an exploratory analysis of non-US voices concerning the nature of the causes of the GFC. The analysis provides glimpses of the globalized extent of assumptions shared, but not debated within the globalization convergence of financial markets as the neo-liberal project. Practical and paradigmatic tensions are revealed in the capture of a London-based set of views articulated by senior financial executives of financial service organizations, the outcomes of which are not overly optimistic for any significant change in praxis within the immediate future.

The full article is available to view online at InformWorld.

Latest Video
Andrew Kakabadse on the need for strong company boards
Watch video
Latest from Twitter
  • RT @ICSA_News: Hubristic individuals are a threat to governance in all organisations. Read more from this month's G+C magazine: https://t.c…

    14 hours ago

  • RT @ICSA_News: ICSA's latest #poll with @CorePartnership finds just 1 in 7 organisations think #CEO should go on to become #chair https://t…

    3 days ago

  • RT @HenleyBSchool: Only 14% of execs think their company can effectively execute their digital strategy. Can yours? #FLdigitalLead https://…

    4 days ago

Clients we work with