Another day another culprit: Corporate governance – is it to blame for the banking crisis?
Chambers, C. print (2009) Another day another culprit: Corporate governance – is it to blame for the banking crisis? Business Law Review, 30 (12). pp. 264-269. ISSN 0143-6295
Publisher's URL: http://www.kluwerlaw.com
This paper aims to explore the corporate governance of banks in economic crisis and whether poor corporate governance has led to the crisis. The aim of this paper is to demonstrate the complex world of financial regulation and that corporate governance is just one of the many possible culprits in the economic crisis. The level of financial crisis has been unprecedented and as such the regulatory response has been prolific. The researcher aims to discuss some of the reform proposals to see whether the time is right to legislate and whether these areas of reform indeed address the facets of the banking sector that need to be fixed.
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