A theory of systemic risk is outlined for the global financial system, with practical implications for systemic risk mitigation, based on evolutionary economics viewed from an operational behaviour perspective. The paper begins with an introduction to systemic crises and what motivates this...

Purpose - This paper responds to emerging concerns from stakeholders in banks about service operations mismanagement in the delivery of ethical intentions. It applies the notion of an Operating Model for financial services firms to propose a method of assessing compatibility between the ethical...

This paper responds to emerging concerns from banking practitioners and media about service operations mismanagement in banking industry. It presents a general review, discussion and empirical analysis of relevant academic literature on cross-functional integration from the Service Operations...

This article identifies inadequacies in conventional notions of risk and related concepts. Then it explores alternatives and their practical implications, such as their commercial prospects for risk mitigation when traded as decentralized markets on a blockchain platform.It first introduces key...

This paper uses the ECOB (Evolving Collective Operational Behaviour) model of participant interactions in the global financial system, with Design Science Research Methods and Survey Research Methods, to contribute a regulatory instrument for directing attention to potential areas of increasing...

This paper responds to emerging concerns from banking practitioners and media about service operations mismanagement in banking. It presents a general review, discussion and empirical analysis of relevant academic literature on cross-functional integration from the Service Operations Management...

This article responds to calls in the literature for a major shift in approaches to explaining systemic risk. It applies insights from multiple disciplines, but departs from the monistic positivist research orientations of many previous contributions by taking a carefully argued pragmatic...

This paper introduces an alternative perspective to the central themes of current literature on macroeconomic resilience and systemic risk in the global financial system. It presents an interdisciplinary discourse centered on evolutionary economics leading to theoretical propositions for a...