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Towards a practical approach to responsible innovation in finance

Author

Listed:
  • Margaret Armstrong
  • Guillaume Cornut
  • Stéphane Delacôte
  • Marc Lenglet
  • Yuval Millo
  • Fabian Muniesa
  • Alexandre Pointier
  • Yamina Tadjeddine

Abstract

Purpose - The purpose of this paper is to highlight the potentials offered by New Product Committees for the development of responsible innovation in the financial services industry; and to provide grounds for policy recommendations. Design/methodology/approach - The paper takes the form of collective, interdisciplinary reflection and experience within the industry. Findings - New Product Committees can serve a practical approach to responsible innovation in finance. Originality/value - The paper fills a gap in the empirical consideration of New Product Committees in the financial services industry and proposes original directions for policy orientations within organizations and at a regulatory level.

Suggested Citation

  • Margaret Armstrong & Guillaume Cornut & Stéphane Delacôte & Marc Lenglet & Yuval Millo & Fabian Muniesa & Alexandre Pointier & Yamina Tadjeddine, 2012. "Towards a practical approach to responsible innovation in finance," Journal of Financial Regulation and Compliance, Emerald Group Publishing Limited, vol. 20(2), pages 147-168, May.
    • Handle: RePEc:eme:jfrcpp:v:20:y:2012:i:2:p:147-168
    DOI: 10.1108/13581981211218289
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    References listed on IDEAS

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    1. Spencer, Peter D., 2000. "The Structure and Regulation of Financial Markets," OUP Catalogue, Oxford University Press, number 9780198776109.
    2. Freeman, R. Edward, 1994. "The Politics of Stakeholder Theory: Some Future Directions1," Business Ethics Quarterly, Cambridge University Press, vol. 4(4), pages 409-421, October.
    3. Alessandro Carretta & Vincenzo Farina & Paola Schwizer, 2010. "The “day after” Basel 2: do regulators comply with banking culture?," Journal of Financial Regulation and Compliance, Emerald Group Publishing Limited, vol. 18(4), pages 316-332, November.
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    Cited by:

    1. Genus, Audley & Iskandarova, Marfuga, 2018. "Responsible innovation: its institutionalisation and a critique," Technological Forecasting and Social Change, Elsevier, vol. 128(C), pages 1-9.

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