Corporate Governance: Recent Developments and New Trends

Corporate Governance: Recent Developments and New Trends
ISBN-10
3642315798
ISBN-13
9783642315794
Series
Corporate Governance
Category
Business & Economics
Pages
432
Language
English
Published
2012-12-18
Publisher
Springer Science & Business Media
Authors
Sabri Boubaker, Duc Khuong Nguyen, Bang Dang Nguyen

Description

The current crisis has rocked the financial system worldwide and has cast doubt on the effectiveness of the existing regulatory regime. Thousands of firms have gone bankrupt and many financial institutions were bailed out by governments. The effects of the crisis have shaken emerging and developing markets alike and have not spared neither small nor large businesses. Many scholars and practitioners attribute the roots of the crisis to failures and weaknesses in the way corporate governance has been practiced since the mid-1990s. Lax board oversight of top management, short-termism and self-interested behavior have been fingered as the culprits behind recent financial turmoil. This book highlights the recent developments and new trends in corporate governance. The eighteen chapters, written by leading academics and experts, can assist corporate executives, governance bodies, investors, market regulators, and policymakers in having a global picture of major corporate governance issues. This book highlights the recent developments and new trends in corporate governance. The eighteen chapters, written by leading academics and experts, can assist corporate executives, governance bodies, investors, market regulators, and policymakers in having a global picture of major corporate governance issues.

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