Governance of the banking firm

Corporate governance has emerged as a means of preventing pathological behavior within companies particularly on the part of their managers. For some companies corporate governance practices are the result of a division of responsibilities and a divergence of interests within the organization mainly between the providers of capital (shareholders) and the people who run the company (managers). Our book covers the main theories and models of corporate governance; the different systems of corporate governance; and good corporate governance practice through committee reports.The best-known are the internal and external mechanisms of corporate governance. Our book also covers the following elements:-The specific nature of the banking business-Best practices in international banking governance.-Banking control mechanisms and the central role played by the board of directors in control.