Skip to main content

Financial regulation and how business schools are rebalancing learning to help create a safer financial future

John discussed with Emma Boyde, Business Education Reporter at the FT, that regulation and an increase in prosecutions has helped make the financial industry a little safer and had a salutary effect on the behaviour of finance professionals. He indicated that mistakes have been caused by bad practice and the introduction of new products without fully understanding them, and that while increased technical regulation has its place, regulation of behaviour is essential.

When asked about what business schools could do to make the financial world a safer place, Professor Board commented:

“A lot of business schools are re-thinking their positions on the balance between technical details of financial products and more traditional leadership, strategy and ethical behaviours which business schools would’ve been teaching 20 or 30 years ago.”

He said that Henley Business School is “being very clear about the balance between personal development and personal behaviour and the way businesses should be run, the way strategy has to be embedded deeply in a firm…it’s got to be clear, it’s got to be consistent and it’s got to be forced through to every part of the firm.”

To view the full interview with Professor John Board on the Financial Times’ website, click here.

Published 6 January 2014

You might also like

Universities Business Challenge- Henley team reach final

18 March 2013
Congratulations to Kadi Huang, Chris Himpich, Alex Priest and Daniel Lim for reaching the final of the Universities Business Challenge! In Particular to ICMA Centre students Kadi Huang, 2nd year Finance and Investment Banking, and Daniel Lim, 1st year Finance & Investment Banking. The semi-final was held at the offices of P&G (Procter & Gamble) in Weybridge and required the ten semi-finalists to purchase, renovate and manage a hotel business in Thailand.Tasks included corporate social responsibility, media presentation, creative thinking and networking. The Henley team produced an outstanding performance to win with a profit of £151K (moderated by a stakeholder engagement score).They will join nine finalists from other top business schools at the London HQ of IBM UK in Southbank on Friday 22 March for the chance to win up to £1000. We wish them the best of luck!

What did Debenhams do wrong?

15 April 2019
Last week saw yet another established high street chain store file for administration.

Winner of the CISI Educational Trust Award 2019

31 January 2019
Akshat Vyas, currently studying MSc Financial Risk Management, has won the Chartered Institute for Securities and Investment (CISI) Educational Trust Award. Akshat was the highest performing student out of those who had signed up for the Award and were studying the Securities, Futures and Options module.