1. Blog

    Welcome to the Conduct Costs Project Blog

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    • Text Christopher Stears Lead Research Analyst, Conduct Costs Project, LSE and Candidate for PhD, Institute of Advanced Legal Studies The disparate backgrounds, interests and incentives evident amongst individuals working within global financial institutions will cause the greatest difficulty in engineering an appropriate culture or more specifically, controlling behaviour and promoting 'good'...
    • Date 2014-02-10 00:00:00 +0000
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      Text Attached is the Consultation Paper of the Banking Standards Review, published today.
    • Date 2014-01-13 00:00:00 +0000
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      Text As we developed our research programme for the first phase of this project, our working definition of Conduct Costs evolved, informally, as the experience of research brought up various questions for "in or out" decisions. The working definition is reflected in the Overview of the Project set out in this blog.  Defining Conduct Costs is important because one of our objectives, as regular...
    • Date 2014-01-10 00:00:00 +0000
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      Text Professor Garry Honey is founder of the governance and reputation risk consultancy Chiron (www.chiron.uk.net) and author of A Short Guide to Reputation Risk. John Thirlwell is an independent board advisor on risk management and regulation and co-author of Mastering Operational Risk (www.johnthirlwell.co.uk). It is currently very fashionable to talk of culture change within banking,...
    • Date 2014-01-06 00:00:00 +0000
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      Text Alexander Abedine 2013 MSc Candidate, LSE Department of Economic History In the Geneva Papers on Risk and Insurance (2006), George Stansfield, General Counsel for the French investment conglomerate the AXA Group, asserts that: “Reputation is an amorphous concept.  It can change over time (for better or for worse).  It is difficult to define.  It is difficult, if not...
  1. The CCP Research Foundation is a new, independent social enterprise vehicle, set up to foster and support a new generation of research projects on the theme of "Conduct, Culture and People."  

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