Has bank culture changed to ensure ethical behavior?

April 20th, 2016 by Kara in Case Studies

By: David Trang Bank Culture Since 2008 Since the Global Financial Crisis (GFC), the banking industry has been fined over $100 billion dollars for unethical and fraudulent practices (Childress 2014). Academics note this is not purely attributed to ethical lapses by a few individuals but also to how banks are operated, supervised and regulated (Wehinger 2013). In response, many banks worldwide have attempted to reshape their culture by revisiting their code of ethics, educating their employees on the importance of ethical behavior and forming committees to oversee the implementation of ethical programs. Even ...

International Investment Management

April 5th, 2016 by Kara in Events, News

  Seven Pillars Institute is pleased to announce the publication of International Investment Management: Theory, Ethics and Practice, the newly released book from Routledge authored by Dr. Kara Tan Bhala (President of Seven Pillars Institute), Warren Yeh and Raj Bhala.  A quick take on the book: International Investment Management synthesizes investment principles, Asian financial practice, and ethics reflecting the realities of modern international finance. These topics are studied within the Asian context, first through the medium of case studies and then via the particular conditions common in those markets including issues of religion and philosophy. A longer description of the ...