This thesis investigates the human behaviour and institutional structures in the organizational environment of too big to fail banks and their importance of the overall financial stability. The thesis highlights and analyse the most significant reasons to the global financial crisis of 2007-2009. I focus on the organizational environment of too big to fail banks in USA. However, I include examples from other industrialized countries when applicable. The analysis and discussion build upon new institutional theory and behavioural economics. My findings indicate that the behaviour of both internal and external actors of the environment can be explained by behavioural biases. Furthermore, these biases have helped organizations to incorporate institutionalised myths, thus leading to a more homogenous organizational field of too big to fail banks.
|Educations||MSc in Strategy, Organization and Leadership, (Graduate Programme) Final Thesis|
|Number of pages||55|