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Bank governance

Abstract:

According to a common narrative, the failure of banks in the financial crisis reflected poor corporate governance practices, as well as inadequate prudential regulatory safeguards. Yet it turns out that the ‘best’ governance practices according to ordinary standards were the ones that did worst during the financial crisis. In the period leading up to the financial crisis, it was believed that regulation would cause banks to internalize the costs of their activities, meaning that what maximize...

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Publication status:
Published
Peer review status:
Reviewed (other)

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Publisher copy:
10.1093/oxfordhb/9780198743682.013.48

Authors


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Institution:
University of Oxford
Division:
SSD
Department:
Law
Sub department:
Law Faculty
Oxford college:
Oriel College
Role:
Author
ORCID:
0000-0001-6903-926X

Contributors

Role:
Editor
Role:
Editor
Publisher:
Oxford University Press
Host title:
Oxford handbook of corporate law and governance
Publication date:
2018-05-01
DOI:
ISBN:
9780198743682
Keywords:
Subtype:
chapter
Pubs id:
pubs:671680
UUID:
uuid:81e96593-fc54-4eab-a5b2-8cc81de712a1
Local pid:
pubs:671680
Source identifiers:
671680
Deposit date:
2017-01-18

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