Wednesday, November 19, 2014

Researchers: Job culture led by banks Banker for dishonesty – FAZ – Frankfurter Allgemeine Zeitung

Researchers: Job culture led by banks Banker for dishonesty – FAZ – Frankfurter Allgemeine Zeitung

                  

 
     
 
     
     
             
             
                                                                                 

ZURICH (Reuters) – Private are also the much-maligned bankers usually decent contemporaries, however, they succumb to the job according to an analysis by researchers more often than others the temptation to cheat. Culprit was the predominant corporate culture in the banking industry. To this end, the authors of a study by the University of Zurich, which is presented in the journal “Nature” come.

“Our results suggest that the social norms in the banking industry dishonest behavior more likely to tolerate and thus to the loss of reputation the banks contribute, “said Professor Michel Maréchal by the Institute of Economics. The researchers recommend that the financial industry a standard shift towards promoting ethical behavior.

Among their findings, the researchers reached by experiments with some 200 bank employees. They were divided into two groups for the coin toss – each with the chance of extra profits by cheating. One group gave the impression that it is about the leisure sector. The other subjects were attuned to their role as bankers. This group had “significantly dishonest” behavior at heads or tails. Similar experiments in other industries have however found no such differences. / Bur / DP / stb

                                                                                 
 
  

 
 
 
                    
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11.11.2014, 13:11 clock | Economy

     
     
     

 

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