The way banks are organised makes it hard to hold directors and executives criminally responsible
- Written by Andrew Linden, Sessional/ PhD (Management) Candidate, School of Management, RMIT University
The Financial Services Royal Commission has seen evidence that bank directors and executives deliberately put in place policies to ignore the law.
But research suggests the very organisational structure of banks makes it difficult to hold directors and senior executives criminally responsible for systemic misconduct.
The way corporations are arranged...
