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LEADERSHIP AND THE TEAM, VITAL ELEMENTS OF MANAGEMENT IN THE BANKING SYSTEM

Valentin Stanciu Ph. D Student
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Valentin Stanciu Ph. D Student: University of Craiova Faculty of Economics and Business Administration Craiova, Romania

Annals of University of Craiova - Economic Sciences Series, 2010, vol. 2, issue 38, 10

Abstract: The banking industry is a relevant example of dramatical changes in the last 2 years and we can tell that the leaders who administrated the situation has made a good job. Ben Bernanke-US Federal Rezerve Chairman, Lloyd Blankfein-Goldman Sachs Chairman are two of the leaders responsible with regaining the trust in the banking system. Do we have this kind of leaders? Mugur Isarescu, the governor of NBR, acted so that to maintain the same rate of exchange RON per EUR since 2004, not registering any bank failure, creating a national reserve equivalent with all public debt of Romania. To reveal this potential at the level of the Romanian Banking System, this study include a survey made on 4 banks (BCR, Alpha Bank, Piraeus Bank, Credit Europe Bank) meaning more than 30% market share as assets and 10% as number of banks, with a sample of 9 employees per bank.

Keywords: leadership; team; banking; financial and economical crisis (search for similar items in EconPapers)
JEL-codes: G21 M12 (search for similar items in EconPapers)
Date: 2010
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