Virtue in Banking: Investigating the presence and absence of specific virtues in banking's self representations

Start year: 2014

Summary: The aim of this project is to research the discourse of virtue within the banking sector. Inclusion and exclusion of virtues within the formal self-representations of banking in texts such as corporate reports, training programs, brochures and websites will be a focus of study. In particular, using longitudinal analysis, the research will compare rhetorical shifts in claims made prior and subsequent to the global financial crisis (GFC). This will parallel research shortly to commence that does the same type of analysis for specialist press coverage of the finance industry in the Australian Financial Review. Drawing on the data revealed by the content analyses interviews will be arranged with senior financial executives and banking stakeholders to reveal the more or less explicit language of virtue as used in everyday discourse. The objective is to document the discourse of virtue in banking, including how such discourse has changed in time, and thereby generate reflexivity on the influence of such discourse on practice.

Publications:

Cunha, MPE, Soares Leitão, MJ, Clegg, S, Hernández-Linares, R, Moasa, H, Randerson, K & Rego, A 2022, 'Cognition, emotion and action: persistent sources of parent–offspring paradoxes in the family business', Journal of Family Business Management, vol. 12, no. 4, pp. 729-749.
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Seremani, T, Farias, C & Clegg, S 2022, 'New Order and Old Institutions: South Africa and the institutional work of the Truth and Reconciliation Commission', Organization Studies, vol. 43, no. 4, pp. 573-593.
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Crevani, L, Uhl-Bien, M, Clegg, S & By, RT 2021, 'Changing Leadership in Changing Times II', Journal of Change Management, vol. 21, no. 2, pp. 133-143.
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Sarkar, S & Clegg, SR 2021, 'Resilience in a time of contagion: Lessons from small businesses during the COVID-19 pandemic', Journal of Change Management, vol. 21, no. 2, pp. 242-267.
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Keywords: compassion, finance, virtue, ethics, corporate social responsibility

FOR Codes: Organisational Behaviour, Business Ethics

Acknowledgement of Country

UTS acknowledges the Gadigal people of the Eora Nation, the Boorooberongal people of the Dharug Nation, the Bidiagal people and the Gamaygal people, upon whose ancestral lands our university stands. We would also like to pay respect to the Elders both past and present, acknowledging them as the traditional custodians of knowledge for these lands.