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Rethinking Corporate Governance in Financial Institutions: (Routledge Research in Corporate Law)

Rethinking Corporate Governance in Financial Institutions: (Routledge Research in Corporate Law)


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About the Book

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.

Table of Contents:
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

About the Author :
Demetra Arsalidou is a senior lecturer at Cardiff University, UK.


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Product Details
  • ISBN-13: 9781138614574
  • Publisher: Taylor & Francis Ltd
  • Publisher Imprint: Routledge
  • Height: 234 mm
  • No of Pages: 258
  • Weight: 421 gr
  • ISBN-10: 1138614572
  • Publisher Date: 01 Jun 2018
  • Binding: Paperback
  • Language: English
  • Series Title: Routledge Research in Corporate Law
  • Width: 156 mm


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Rethinking Corporate Governance in Financial Institutions: (Routledge Research in Corporate Law)
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Rethinking Corporate Governance in Financial Institutions: (Routledge Research in Corporate Law)
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