Understanding the Financial Crisis: Investment, Risk, and Governance

Presenting experience, research and thought leadership from experts in various disciplines (from INSEAD, Stern Business School, Deutsche Bank and Allianz among others), this book explores why the financial crisis happened and presents recommendations for the building of a new, sustainable financial system.

STEEN THOMSEN is director of the Centre for Corporate Governance at Copenhagen Business School, Denmark. He specializes in corporate governance as a teacher, researcher, consultant, commentator and practitioner. His main publications include more than 25 international journal articles and three books. He has served as a board member of several companies and is currently a non-executive chairman of two consulting firms.

CASPAR ROSE is a professor at Copenhagen Business School, Denmark, Department of International Economics and Management and is also affiliated with the Centre for Corporate Governance. He holds a master of laws as well as a doctorate in finance and his research focuses on operational risk management as well as corporate governance on which he has published extensively in international journals. Caspar has worked in Dansk Industri (Confederation of Danish Industries) as a special legal advisor as well as chief analyst at the Danske Bank, Group Operational Risk. He also serves as external consultant for financial institutions.

OLE RISAGER is a professor at Copenhagen Business School, Denmark. He has published extensively on foreign exchange markets, stock markets and macroeconomics. His work has appeared in international journals as well as in publications of the International Monetary Fund (IMF) and the World Bank. He has previously served as a senior economist to the IMF in Washington and as a consultant to the World Bank. He has also been Vice President and Chief Economist at the Danish shipping and oil company A.P. Moller - Maersk. Ole is currently chairman for Core German Residential II, a real estate investment company, supervisory board member of LD Invest, a mutual investment fund, and supervisory board member of H+H, a Danish manufacturing company.