Rola regulacji ostrożnościowych sektora bankowego w świetle kulturowego postrzegania prawa w Polsce
The Role of Prudential Regulation of the Banking Sector in the Context of the Cultural Perception of Law in Poland

Summary/Abstract: The article presents the cultural conditions of regulation and compliance with prudential regulations in the banking sector and the consequences for bank development. The focus is on the references to the Polish market. It is crucial to analyze the national culture (e.g. uncertainty avoidance index of G. Hofstede) in front of the Polish legal culture and the banking industry. The author underlines the role of cultural differences with respect to the regulation. It is done for banks controlled by foreign and national capital, based on the analysis of publicly available information and the survey among members of management boards of banks in Poland.

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