Corporate Governance and the Global Financial Crisis
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About The Book

Over the last two decades there has been a notable increase in the number of corporate governance codes and principles as well as a range of improvements in structures and mechanisms. Despite this corporate governance failed to prevent a widespread default of fiduciary duties of corporate boards and managerial responsibilities in the finance industry which contributed to the 200710 global financial crisis. This book brings together leading scholars from North America Europe Asia-Pacific and the Middle East to provide fresh and critical analytical insights on the systemic failures of corporate governance linked to the global financial crisis. Contributors draw from a range of disciplines to demonstrate the severe limitations of the dominant corporate governance framework and its associated market-oriented approach. They provide suggestions on how the governance problems could be tackled to prevent or mitigate any future financial crisis and explore new directions for post-crisis corporate governance research and reforms.
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