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BRC Essay Misconducts of Banks
ACCY201 - Financial Accounting IIB
11 Pages • Essays / Projects • Year Uploaded: 2022
This essay will start with the toxic corporate culture of banks and other financial entities as discussed in Wishart and Wardrop (2018) with reference to the latest findings and recommendations of Royal Commission and APRA investigation into CBA. Next, this essay also points out the opinions and arguments of Wishart and Wardrop (2018) regarding the six existing solutions to regulate banking culture. Moreover, this essay will also demonstrate the implementation of BEAR by federal government and whether it will be effective to address the poor culture issue endured by the financial industry.
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