Proceedings of the 59th Annual Meeting of the ISSS - 2015 Berlin, Germany, Vol 1, No 1 (2015)

Font Size:  Small  Medium  Large

Understanding the management of the Chinese bank from Systemic Perspectives

Jae Eon Yu

Abstract


This paper looks into the management and operational activities of the Chinese bank from cybernetic perspectives. The research is carried out using the application of Viable System Model (VSM) to explore the complex nature of banking activities according to Ashby’s Law of Requisite Variety. Using VSM, we explore the nature of banking practice where it needs to assess, what happens in practice, and how we will design the system model for the banking business. Based on the systemic research on Chinese banking practice, we appreciate and present a good system model for the responsible management and feasible and desirable activities of the bank. Being a socially responsible bank, we propose a better banking practice from systemic perspectives. It allows a practitioner to be an actor for ‘sustainable finance’ in practice.


Full Text: PDF