TY  - JOUR
AB  - Purpose This paper aims to explore the interplay between risk management and control systems in banks, specifically investigating the managerial intentions underlying the design of management control systems.Design/methodology/approach This study is based on 31 interviews with personnel of two banks in a European country.Findings The main finding is that belief systems drive the interplay between risk management and control systems in the studied banks. In several instances, belief systems and boundary systems were operating complementarily. Cross-case analyses of the two banks demonstrate that risk management (i.e. the Basel II Accord) replaced established operating procedures for loan origination and portfolio monitoring at the first bank, whereas senior managers suppressed Basel II to maintain established loan origination and portfolio monitoring procedures at the second one.Originality/value This is one of very few studies investigating the interplay between risk management and control systems in banks.
VL  - 12
IS  - 4
SN  - 1832-5912
DO  - 10.1108/JAOC-08-2014-0042
UR  - https://doi.org/10.1108/JAOC-08-2014-0042
AU  - Rad Alexander
PY  - 2016
Y1  - 2016/01/01
TI  - Risk management–control system interplay: case studies of two banks
T2  - Journal of Accounting & Organizational Change
PB  - Emerald Group Publishing Limited
SP  - 522
EP  - 546
Y2  - 2024/04/25
ER  -