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OverviewOffering a historical analysis of management in banking from the Medici to present day, this book explores how banks can cause devastating financial crisis when they fail. Rather than labelling management as ‘good’ or ‘bad’, the author focuses on the concept of absent management, which can occur as a result of complexity. The complexity of banking, which intensified alongside the phenomenal growth of banks in the 20th and 21st centuries, resulted in banks that are mismanaged or, at times, even unmanaged. Drawing on business school case studies including Barings and Lehman Brothers, this book showcases how absent management in banking has caused crises, depressions and recessions, and how ultimately it will continue to do so. Full Product DetailsAuthor: Christian DinesenPublisher: Springer Nature Switzerland AG Imprint: Springer Nature Switzerland AG Edition: 1st ed. 2020 Weight: 0.539kg ISBN: 9783030358235ISBN 10: 3030358232 Pages: 305 Publication Date: 28 January 2020 Audience: Professional and scholarly , Professional & Vocational Format: Hardback Publisher's Status: Active Availability: Manufactured on demand We will order this item for you from a manufactured on demand supplier. Table of Contents1. Introduction - Not Managed at All: How the Idea for this Book Occurred and What it is About.- 2. The Medici and Renaissance Complexity: How the Challenges of Renaissance Banking Finally Defeated the First Multinational Bank.- 3. Rothschild, the Largest Bank in the World: How Multinational Family Ownership Overcame Nearly All Management Complexities When Others Failed.- 4. Less Regulation Means Greater Complexity: How Looser Bank Regulation Allowed Faster Growth, Greater Complexity and Contributed to Absent Management in Banking.- 5. Complexity from Growth - Territory and Size: How Absent Management Occurred through Growth by State, Country and Sheer Size.- 6. Complexity from Growth in Lines of Business: How Absent Management Occurred When Different Types of Banking Were Merged.- 7. The Absence of Incentives to Manage: How the Wrong Incentives Resulted in Absent Management.- 8. Producer Managers: How Continued Focus on Banking Resulted in Absent Management.- 9. Bank Failures Cause Crisis: How Absent Management in Banks Can Cause a Crisis.- 10. Bank Failure - Triggering Crisis: How Absent Management in Banks Triggered the 2008 Financial Crisis.- 11. Bank Failures Cause a Global Crisis: How the Complexities of United States Mortgage Securities Devastated Banks and Made Banking Crises Global.- 12. The Cost of Financial Crisis: How Absent Management in Banking Became Costly.- 13. What Has Changed: How Little Has Changed in Terms of Complexity, Producer Managers and Absent Management in Banking.- 14. Conclusion.ReviewsAuthor InformationChristian Dinesen worked for a global investment bank during the 2008 financial crisis. In addition to his 35 years of experience in financial markets and management consultancy, he studied Economic History at the London School of Economics and Political Science, UK. Tab Content 6Author Website:Countries AvailableAll regions |