reputabilityblog.com
Insights from Reputability: Loyalty - Virtue and Risk
http://www.reputabilityblog.com/2015/07/loyalty-virtue-and-risk.html
View my complete profile. Wednesday, 22 July 2015. Loyalty - Virtue and Risk. Cultural differences around the world represent substantial organisational risks with severe reputational risk implications. The Toshiba accounting scandal provides yet another example of just how badly things can go wrong even in an advanced economy. These risks can only be addressed by leaders of multinationals if their scale and significance are first understood. What must be admitted – very painfully – is that t...In a seri...
reputabilityblog.com
Insights from Reputability: May 2015
http://www.reputabilityblog.com/2015_05_01_archive.html
View my complete profile. Thursday, 28 May 2015. Board Risks in Financial Institutions. Once upon a time, it was widely thought that banks and insurers basically failed because they ran out of money. It] is uncommon and rare to find a problem in the capital or funding or business model of a firm which cannot be traced back to a failure of governance.". We agree. In ' Deconstructing failure. The role of leaders in failure, taken from 'Deconstructing failure' © Reputability LLP. This does not mean that boa...
reputabilityblog.com
Insights from Reputability: Shareholders and Short-termism
http://www.reputabilityblog.com/2015/07/shareholders-and-short-termism.html
View my complete profile. Monday, 27 July 2015. Are shareholders responsible for slowing corporate growth? Andy Haldene is bothered. That as dividends have risen, profits retained by quoted companies for reinvestment have fallen from 90% in 1970 to about 35% today, leaving firms with far less money for growth-boosting invetment and risking "eating themselves". This is bad for the long term health of UK Plc. As Terry Smith lucidly explained. It is a subject that Anthony Hilton. Whose opening words are:.
reputabilityblog.com
Insights from Reputability: February 2015
http://www.reputabilityblog.com/2015_02_01_archive.html
View my complete profile. Monday, 2 February 2015. Complacency - a Behavioural and Organisational Risk. Robert Shrimsley, one of the FT's satirical columnists (when he isn't managing FT.com) wrote. About a recent Mayfair dinner hosted, I suspect, by Edelmans to promote. Their Global Trust Barometer. The Barometer is a valuable institution that has been going for 15 years. We have written about it in the past. And we expect to return to it. One of the Barometer. The reaction of those diners is interesting...
reputabilityblog.com
Insights from Reputability: March 2015
http://www.reputabilityblog.com/2015_03_01_archive.html
View my complete profile. Monday, 16 March 2015. Matching long term incentives to long term risks sounds easy until you consider that long term risks can fester for decades whereas a typical long term incentive has run its course within a few years. Banks have started to address the issue. Goldman Sachs. Pays part of bonuses in "bail-in-able” bonds that have to be held for 3 years and can be converted to equity or wiped out in the case of trouble. But none of these arrangements matches the incentive time...
theiirp.org
‘Three Lines of Defence’: A Dangerous Delusion – The IIRP
http://www.theiirp.org/three-lines-of-defence-a-dangerous-delusion
Risk Type Compass Qualification Workshop. IRM Human Factors in Risk Management. 8216;Three Lines of Defence’: A Dangerous Delusion. Pedlam Risk – A Quick Update on Legal issues. HR Zone – Would you rather accept ‘about right’ or risk being ‘precisely wrong? BBC News – Mobile phone app sheds new light on risk taking behaviour. Sky News – Bankers should be made to take ‘Moral Oath’. 8216;Three Lines of Defence’: A Dangerous Delusion. 27 Jun, 2014. The Parliamentary Commission on Banking Standards. The mode...
reputabilityblog.com
Insights from Reputability: Board Risks in Financial Institutions
http://www.reputabilityblog.com/2015/05/board-risks-in-financial-institutions.html
View my complete profile. Thursday, 28 May 2015. Board Risks in Financial Institutions. Once upon a time, it was widely thought that banks and insurers basically failed because they ran out of money. It] is uncommon and rare to find a problem in the capital or funding or business model of a firm which cannot be traced back to a failure of governance.". We agree. In ' Deconstructing failure. The role of leaders in failure, taken from 'Deconstructing failure' © Reputability LLP. This does not mean that boa...
reputabilityblog.com
Insights from Reputability: April 2015
http://www.reputabilityblog.com/2015_04_01_archive.html
View my complete profile. Monday, 13 April 2015. Vulnerability Evaluations in Investment. Is it useful for investment managers to know which companies are predictably vulnerable to crises? Asked to answer "yes or no" there can only be one answer. But posing the question so narrowly hides more interesting issues. How might an investment manager use the knowledge? And more fundamentally, is it really possible to estimate corporate vulnerability from the outside? Usefulness was recently highlighted. Selling...
reputabilityblog.com
Insights from Reputability: New FRC Guidelines for Boards on Risk
http://www.reputabilityblog.com/2014/09/new-frc-guidelines-for-boards-on-risk.html
View my complete profile. Wednesday, 17 September 2014. New FRC Guidelines for Boards on Risk. The boards of companies publicly quoted in the UK face a step change in their approach to risk management. A similar change for banks and insurers worldwide is imminent. The same chasm in risk management, the failure systematically to find and deal with risks from people, affects virtually all organisations worldwide with few exceptions, notably pockets of activity in the aviation and nuclear sectors. In going ...