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Since the 1990s financial sector regulation in Australia has treated credit unions and building societies the same as banks under the designated title of authorized depository institutions. This allows credit unions to choose between different organizational structures: cooperative; convert to...
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Although there has been significant research on US financial intermediaries' stock returns and sensitivity to interest yields, there has only been limited research on Australian bank stock returns and key macro variables, such as interest rates and exchange rates. The aim of this article is to...
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This paper investigates management perceptions of bank reputational problems. Interviews with senior bank officials identified several factors that were recognised as impacting negatively on bank reputation; including profits, fees and charges, executive salaries and reactions to changes in...
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Purpose – The purpose of this paper is to evaluate corporate social responsibility (CSR) reporting in six large banks each from Japan, China, Australia and India over the period of 2005-2011.Design/methodology/approach – CSR and banks' annual reports and websites were analysed using a...
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This paper examines board responsibilities and accountability by management and Board of Directors in relation to the National Australia Bank's (NABs) performance. The NAB, an international financial service provider within the top thirty most profitable banks in the world, is compared with the...
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stock exchange and is within the 30 most profitable financial services organization in the world. In January 2004, the bank disclosed to the public that it had identified losses relating to unauthorized trading in foreign currency options amounting to AUD360 million. This foreign exchange...
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