Having the author been involved in banking and finance for
almost 25 years, this thesis intends to reflect on the role of banks with
emphasis on cross border lending and credit rating, their effectiveness
and the impacts of cultural differences. Perhaps this would not differ
substantially from a researcher or a scholar, yet the exploratory
approach taken in this research will be somewhat different as it
deliberately seeks to answer a number of questions relevant to
practitioners in today’s banking. In trying to achieve this goal, this
thesis hopefully may find its way to international bankers wondering
about the perspectives of their business in general and their profession
in specific. It even may perhaps improve the understanding of their
clients.
The Basel committee which published the new Basel II framework
on bank regulation and supervision was the result of long and careful
discussions, wide consultations and comprehensive impact studies.
Whereas Basel II covers the entire risk profile and supervision of
financial institutions, this research is limited to the cross border
lending by banks to companies and provides the views from both
practicing international bankers and their customers on their
3
expectations regarding Basel II, credit rating and the relevance of
context and culture differences.
Bankers all over the world are being trained on how to read
balance sheets, yet less attention is being paid as to by whom they are
being created and how precisely these balance sheets came into
existence, other than the accountancy standards applied.
Bankers furthermore seem to agree on the fact that credit risks in
large part are related to the management competencies, effective
corporate governance and integrity of management and organization.
The argument could be made that the assessment of management
capabilities, governance and integrity may be hindered in those cases
where the culture is little understood.
In a three days conferences titled; “The Future of Relationship
Banking”, 80 senior executives from international banks and large
companies were gathered in Punta del Este, Uruguay and were asked to
speak about these aspects. A transcript of the conference is provided as
annex to this thesis (Annex 1) and serves to triangulate the findings of
the research. Main findings of three management papers were presented
by the researcher during the conference. A survey was performed
during the conference and in addition, through an online survey, in
total over 100 practitioners in the field participated in the survey.
Results show a variation of conclusions, but very especially seem to
confirm the view, contrary to the approach taken in Basel II, that
cultural differences and context are felt to be highly relevant in cross
border lending.
| Identifer | oai:union.ndltd.org:BRADFORD/oai:bradscholars.brad.ac.uk:10454/7226 |
| Date | January 2005 |
| Creators | Mulder, Gert Jan |
| Contributors | Welford, Richard |
| Publisher | University of Bradford, School of Management |
| Source Sets | Bradford Scholars |
| Language | English |
| Detected Language | English |
| Type | Thesis, doctoral, DBA |
| Rights | <a rel="license" href="http://creativecommons.org/licenses/by-nc-nd/3.0/"><img alt="Creative Commons License" style="border-width:0" src="http://i.creativecommons.org/l/by-nc-nd/3.0/88x31.png" /></a><br />The University of Bradford theses are licenced under a <a rel="license" href="http://creativecommons.org/licenses/by-nc-nd/3.0/">Creative Commons Licence</a>. |
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