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Corporate Control and Governance

C/F/410. Corporate Governance and Credit Crunch

WORDS:
2800
DATE:
2008
PRICE:
29.99 GBP

The paper looks at recent bank collapses have led to a breakdown of trust in financial institutions, including the trust in corporate governance in terms of the risk management, the trust in audit work that signed off the accounts of the banks, etc. The paper critically discusses whether the trust can be rebuilt through legislation and suggests ways in which institutional investors might inspire greater confidence in society. The history of the current financial crisis is traced, corporate governance failures that led to the crisis are examined, possible legislative reforms are discussed arguing whether the trust in the banking system can be restored.

 

KEYWORDS: Corporate governance, credit crunch, banking system, financial industry,

 
Other Papers On: Banking Industry