his.sePublications
Change search
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf
Finansiella regleringars inverkan på chefers ledarskap: En kvalitativ studie inom den svenska finanssektorn
University of Skövde, School of Business.
University of Skövde, School of Business.
2019 (Swedish)Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesisAlternative title
Financial regulations and their influence on managers leadership : A qualitative study within the Swedish financial sector (English)
Abstract [sv]

Bakgrunden till denna studien tar avstamp i de ständigt ökade regleringarna inom den finansiella sektorn, särskilt inom bank och försäkring. Denna sektor har upplevt tyngre regleringar sedan Enron skandalen 2001 vilket kulminerade till Sarbanes-Oxley Act 2002, som fortfarande är aktivt reglerad idag. Under 2018 tillkom två nya regleringar som trädde i kraft för den svenska finansiella sektorn, nämligen “Markets in Financial Instruments Directive II” (MiFID II) och Lagen (2018:1219) om Försäkringsdistribution (LFD). Dessa tillkomna regleringar kan ha en inverkan på chefer och deras ledarskap på verksamheter inom bank och försäkring.

Syftet med denna studie är att illustrera potentiella indikatorer om, och hur, nya finansiella regleringar kan inverka på chefers ledarskap. Studien har därav ämnat sig till att använda transaktionell respektive transformativ ledarskapsteori för att tolka och analysera tio chefers upplevelser av de ökade regleringarna.

Den empiriska data som har samlats in från en organisation, verksam inom bank- och försäkring, indikerar på att regleringarna kan ha påtagliga effekter på chefers ledarskap. Cheferna återgav ett ökat bruk av transaktionellt ledarskap genom direkt kontroll. Detta då de behövde säkerställa om medarbetarna efterlevde de nya regleringarna. Några av cheferna uttryckte framträdande förändringar i ledarskapet efter att de nya regleringarna trätt i kraft. Detta resulterade i ett mer kontrollerande och transaktionellt ledarskap, då den större delen av tiden spenderades på kontroller och lämnade således mindre utrymme för det transformativa ledarskapet. Vid införandet av en administrativ roll avlastades stora delar av det administrativa arbetet för cheferna, så de återigen kunde återvända till deras tidigare utövade ledarskap.

Studien konkluderar att det finns indikationer på att regleringar kan påverka chefers ledarskap men kan till stor del bero på hur verksamheten väljer att delegera det administrativa arbetet. Det finns även indikationer som visar att nya regleringar kan gynna vissa ledarskapsstilar. Vid ökade kontroller indikerar det, som ovannämnt, ett ökat bruk av direkt kontroll, ett typiskt drag hos det transaktionella ledarskapet. Å andra sidan indikerar avskaffandet av kontingentbelöningar inom försäljning, ett ökat användande av ett transformativt ledarskap.

Abstract [en]

The background of this study originates in the expanding regulation of the financial sector, specifically within the banking and insurance business. This sector has experienced heavier regulations since the Enron scandal in 2001 which culminated in the Sarbanes-Oxley Act of 2002, and is still being actively regulated today. During 2018, two new regulatory frameworks were added to the Swedish financial sector, namely Markets in Financial Instruments Directive II (MiFID II) and the Insurance Distribution Directive (IDD). This, and any other new addition to the legal framework, may affect managers and their leadership within an organization which operates within the banking and insurance business.

The purpose of this study is to illustrate how new financial regulations may affect managers’ leadership. The study has therefore employed the use of transactional and transformative leadership theory to analyze ten managers’ personal experiences of the increased regulatory framework.

The empirical data gathered from an organization currently operational within the banking and insurance sector suggest that regulations may have tangible effects on the managers employed there. The managers reported an increased use of direct control, whereby they would examine if their subordinates were compliant with the new regulations or not. Some of the managers expressed significant alterations in their leadership when the new frameworks were first introduced which resulted in a more controlling and transactional leadership, as most of their time was spent assuring employee compliance. However, upon the implementation of an administrative role that relieved the managers of most of the compliance control, they could once more return to their favored leadership style.

The study concludes that there are indications of the regulations affecting managers’ leadership but that it’s heavily dependent on how an organization chooses to delegate the compliance work. There are also certain indications that the nature of new regulations could favor certain leadership styles. An increase in compliance work also suggests an increase in the use of direct control, a common trait in transactional leadership. On the other hand, the abolishment of contingent rewards for sales indicates an increase use of transformational leadership.

Place, publisher, year, edition, pages
2019. , p. 64
Keywords [en]
Qualitative study, leadership, transactional leadership, transformational leadership, coaching, regulations, financial sector
Keywords [sv]
Kvalitativ studie, ledarskap, transaktionellt ledarskap, transformativt ledarskap, coaching, regleringar, finansiell sektor
National Category
Business Administration
Identifiers
URN: urn:nbn:se:his:diva-17212OAI: oai:DiVA.org:his-17212DiVA, id: diva2:1327633
Subject / course
Business Administration
Educational program
Human Resources, Organization and Leadership
Supervisors
Examiners
Available from: 2019-06-20 Created: 2019-06-19 Last updated: 2019-06-20Bibliographically approved

Open Access in DiVA

fulltext(663 kB)12 downloads
File information
File name FULLTEXT01.pdfFile size 663 kBChecksum SHA-512
be4cf634a72719e191cf25c1041688555da553f9af430b7858e5dc15f4219c895f1140fe67147388ee822ee33a8e7a16e3d50c2ecb3c13b437df1d5e68331f8e
Type fulltextMimetype application/pdf

By organisation
School of Business
Business Administration

Search outside of DiVA

GoogleGoogle Scholar
Total: 12 downloads
The number of downloads is the sum of all downloads of full texts. It may include eg previous versions that are now no longer available

urn-nbn

Altmetric score

urn-nbn
Total: 36 hits
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf