Corporate Governance in Banking: A Global Perspective

✍ Scribed by Benton E. Gup

• Publisher: Edward Elgar Publishing
• Year: 2007
• Tongue: English
• Leaves: 311
• Category: Library

✦ Synopsis

Recent corporate scandals, together with the effects of globalization, have led to an increasing interest in corporate governance issues. Little attention has been paid, however, to international laws and recommendations dealing with corporate governance in banking from a global perspective. This impressive international set of expert contributors - academics, practitioners and regulators - remedy the lack of attention by examining the various issues and concerns of this important topic.The regulation of corporate banking and accounting is increasingly promoted through various international bodies. Against this background, the contributors explore aspects of corporate governance in banking from a global perspective: bank regulation and activity expansion in the US, board structure, community banks, the Enron and WorldCom corporate governance failures, a survey of characteristics of the top 100 world banks, as well as case studies of Australian, German and Hungarian banks. Scholars, regulators, and those on the boards of financial institutions will find the analysis of this understudied area of great interest.

✦ Table of Contents

COPYRIGHT......Page 5
Contents......Page 6
Contributors......Page 8
Preface......Page 12
1. Corporate governance, bank regulation and activity expansion in the United States......Page 14
2. Corporate governance in banks: does the board structure matter?......Page 31
3. Corporate governance and bank performance......Page 53
4. Corporate governance at community banks: one size does not fit all......Page 75
5. Bank mergers and insider trading......Page 90
6. Conflicts of interest and corporate governance failures at universal banks during the stock market boom of the 1990s: the cases of Enron and WorldCom......Page 110
7. Basel II: operational risk and corporate culture......Page 147
8. A cross-country analysis of bank performance: the role of external governance......Page 164
9. A survey of corporate governance in banking: characteristics of the top 100 world banks......Page 197
10. Corporate governance: the case of Australian banks......Page 223
11. Germany’s three-pillar banking system from a corporate governance perspective......Page 247
12. Cases of corporate (mis)governance in the Hungarian banking sector......Page 265
13. Corporate governance in Korean banks......Page 292
Index......Page 308