Arsalidou, Demetra ![]() |
Abstract
There are many deep-seated reasons for the current financial turmoil but a key factor has undoubtedly been the serious failings within the corporate governance practices of financial institutions. There have been shortcomings in the risk management and incentive structures; the boards’ supervision was at times weak; disclosure and accounting standards were in some cases inadequate; the institutional investors’ engagement with management was at times insufficient and, last but not least, the remuneration policies of many large institutions appeared inappropriate. This book will provide a critical overview and analysis of key corporate governance weaknesses, focusing primarily on three main areas: directors’ failure to understand complex company transactions; the poor remuneration practices of financial institutions; and, finally, the failure of institutional investors to sufficiently engage with management. The book, while largely focused on the UK, will also consider EU and Australian developments as well as offering a comparative angle looking at the corporate governance of financial institutions in the US.
Item Type: | Book |
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Book Type: | Authored Book |
Date Type: | Publication |
Status: | Published |
Schools: | Cardiff Law & Politics Law |
Additional Information: | Copyright year 2016. |
Publisher: | Routledge |
ISBN: | 9780415535465 |
Last Modified: | 01 Nov 2022 11:05 |
URI: | https://orca.cardiff.ac.uk/id/eprint/93814 |
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