The paradoxes of risk management in the banking sector

• Main Authors: LIM, Chu Yeong, WOODS, Margaret, HUMPHREY, Christopher, SEOW, Jean Lin
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2017
• Subjects: Behavioural; Paradox theory; Power imbalance; Regulation; Risk management; Three lines of defence; Accounting; Corporate Finance; Finance and Financial Management
• Online Access: https://ink.library.smu.edu.sg/soa_research_all/2; https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=1001&context=soa_research_all
• Institution: Singapore Management University

This paper uses empirical evidence to examine the operational dynamics and paradoxical nature of risk management systems in the banking sector. It demonstrates how a core paradox of market versus regulatory demands and an accompanying variety of performance, learning and belonging paradoxes underlie...