Corporate Governance and the Global Financial Crisis: International Perspectives (repost)
Corporate Governance and the Global Financial Crisis: International Perspectives by William Sun, Jim Stewart and David Pollard
English | 2011 | ISBN-10: 1107001870 | 416 pages | PDF | 2,3 MB
English | 2011 | ISBN-10: 1107001870 | 416 pages | PDF | 2,3 MB
Over the last two decades there has been a notable increase in the number of corporate governance codes and principles, as well as a range of improvements in structures and mechanisms.
Despite this, corporate governance failed to prevent a widespread default of fiduciary duties of corporate boards and managerial responsibilities in the finance industry, which contributed to the 2007-2010 global financial crisis. This book brings together leading scholars from North America, Europe, Asia-Pacific and the Middle East to provide fresh and critical analytical insights on the systemic failures of corporate governance linked to the global financial crisis. Contributors draw from a range of disciplines to demonstrate the severe limitations of the dominant corporate governance framework and its associated market-oriented approach. They provide suggestions on how the governance problems could be tackled to prevent or mitigate any future financial crisis and explore new directions for post-crisis corporate governance research and reforms.