Rethinking Corporate Governance in Financial Institutions

1. Auflage 2018
ISBN: 978-1-138-61457-4
Verlag: Taylor & Francis Ltd (Sales)

Buch, Englisch, 258 Seiten, Format (B × H): 156 mm x 234 mm, Gewicht: 372 g

Reihe: Routledge Research in Corporate Law

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.

Autoren/Hrsg.

Arsalidou, Demetra

Fachgebiete

• Rechtswissenschaften Wirtschaftsrecht Bank- und Versicherungsrecht Bank-, Sparkassen- und Börsenrecht
• Rechtswissenschaften Wirtschaftsrecht Handels- und Gesellschaftsrecht Allgemeines und Gesamtdarstellungen (Gesellschaftsrecht)

Inhaltsverzeichnis

Introduction 1. Sharpening Bankers’ Personal Accountability 2. The Theoretical Justification of Executive Remuneration as an Incentive Mechanism 3. Shareholder Engagement and Activism: An Effective Mechanism for Monitoring Management or a Fallacious Notion? 4. Executive Remuneration and Shareholders’ Voice in the United States Epilogue

Über Autor(innen)

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