Darroch believes that knowledge of how the activities of these banks in international markets removed growth constraints from both the banks and the economy is vital to understanding the development of Canadian banking and the Canadian economy. In Canadian Banks and Global Competitiveness he surveys the strategies that produced the banks' high rankings. Using a case study approach, he examines the history of each bank from its founding to the passage of the 1992 omnibus financial services legislation, evaluating how its strategies have evolved in changing environments and exposing the long-term effects of corporate decisions and the profound effects of public policy on this regulated industry. Darroch shows that each bank has made an important and distinctive contribution to the competitiveness and development of the Canadian economy. From his analysis it becomes clear that the banks were not so much "leaders" or "followers" as key enablers for Canadian firms and the Canadian economy.

James L. Darroch is an Associate Professor of Strategic Management and and the CIT Chair in Financial Services, Schulich School of Business, York University. His research focuses upon strategic management with an emphasis on governance and enterprise risk management in financial services firms.
In 1997, he joined the working group for the Toronto International Centre for Financial Sector Supervision (Toronto Center). From 2002 to 2006 he was Co-Program Director for the Risk Management Curriculum at the Bank of Montreal. He is currently Director of the Financial Services Program, and co-director of the Masters Certificate in Financial Services Leadership and the Professional Banking Program offered by the Schulich Executive Education Centre.
Representative of his current research focus is: “The Limits of Strategic Rationality: Ethics, Risk Management, and Governance,” Journal of Business Ethics, 92:3 (2010) (with David Weitzner).

James L. Darroch's profile page