People First: Risk Culture Swings into Action

Daniele A. Previati ()
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Daniele A. Previati: University of Rome III

Chapter Chapter 6 in Risk Culture in Banking, 2017, pp 125-154 from Palgrave Macmillan

Abstract: Abstract Economists and management researchers often take a reductionist view of risk and culture, and consequently of risk culture. The best contributions on risk culture in financial institutions approach this topic by including many perspectives: in this chapter the core objective is to discuss the main theoretical and empirical findings of different streams of knowledge that are directly or indirectly linked to the role of people in establishing and changing risk culture in financial institutions. Attention is particularly paid to the so called “soft tools” for managing risk culture, within a broader view of organization design, focused on influencing people’s attitudes and behaviour towards risks. Conclusions are devoted to the identification of selected actual and future issues in managing people and risk culture, and of future research streams concerning these issues.

Keywords: Human Resources Management; Organization design; Cultural theory of risk; People’s behaviour; Financial services firms (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:pal:pmschp:978-3-319-57592-6_6

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DOI: 10.1007/978-3-319-57592-6_6

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