Corporate governance in banks: Problems and remedies

Vol.3,No.2(2012)

Abstract
Weak and ineffective corporate governance mechanisms in banks are pointed out as the main factors contributing to the recent financial crisis. Deep changes in this area are necessary to reinforce the financial sector stability. The paper presents key aspects requiring reforms

Keywords:
banks; corporate governance; financial sector regulations and reform; risk management; board of directors accountability; directors remuneration; banks’ transparency
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