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

ICMA Centre researchers requested to present to Chinese delegation

18 October 2013
Following a request from the British consulate in Shanghai, Dr. Andreas Hoepner, Associate Professor of ICMA centre, Henley Business School, made a presentation of “Sustainability Investment” to Chinese regulators and business leaders at the Association of British Insurers, 8th Oct 2013.
Business News

Talk by Klaus Fridorf, Director of Responsible Investment & Governance at Nordea

30 October 2013
We are delighted to present KLAUS FRIDORF, the Director of Responsible Investment & Governance at Nordea. Mr Fridorf holds a Master degree in journalism and joined Nordea Invest in 2008, as Head of Communication. Before joining Nordea Mr Fridorf has among other things worked in the Industrialization Fund for Developing Countries in the Danish Foreign Ministry working with Communication and International CSR policy.
Business News

Champagne and Celebration at the ICMA Centre

1 July 2010
Champagne and smiles were certainly not in short supply at the ICMA Centre this week when over 200 students celebrated their achievements at a reception held at the Centre prior to the Graduation Ceremony in the Great Hall.