Rethinking Corporate Governance in Financial Institutions (Routledge Research in Corporate Law) - Hardcover

Arsalidou, Demetra

Hardcover

ISBN 10: 0415535468 ISBN 13: 9780415535465

Publisher: Routledge, 2015

Synopsis

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.

About this title

About the Author:

Demetra Arsalidou is a senior lecturer at Cardiff University, UK.

About this edition

• Publisher: Routledge
• Publication date: 2015
• ISBN 10: 0415535468
• ISBN 13: 9780415535465
• Binding: Hardcover
• Edition number: 1
• Number of pages: 258