Governing Banks: A British Perspective
This conceptual paper considers the corporate governance of shareholder owned deposit taking banks in light of the Global Financial Crisis (GFC). Deposit taking banks present a special corporate governance problem because depositors (and taxpayers) are stakeholders. The GFC revealed significant weak...
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| Format: | Article |
| Language: | English |
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Universiti Utara Malaysia
2011-06-01
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| Series: | The International Journal of Banking and Finance |
| Subjects: | |
| Online Access: | https://www.e-journal.uum.edu.my/index.php/ijbf/article/view/8422 |
| _version_ | 1828069279205949440 |
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| author | Andy Milllneux |
| author_facet | Andy Milllneux |
| author_sort | Andy Milllneux |
| collection | DOAJ |
| description | This conceptual paper considers the corporate governance of shareholder owned deposit taking banks in light of the Global Financial Crisis (GFC). Deposit taking banks present a special corporate governance problem because depositors (and taxpayers) are stakeholders. The GFC revealed significant weaknesses in the regulation and corporate governance of banks. The UK government commissioned the Walker Review of the corporate governance of UK banks in February 2009. Its recommendations are discussed in the context of the wider governance (including regulation) of banks. Regulation and corporate governance systems should focus on the establishment of effective internal risk control mechanisms and the good management of banks.
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| first_indexed | 2024-04-11T00:15:36Z |
| format | Article |
| id | doaj.art-a4673f3b11c74da4b8b61d5a55a11d18 |
| institution | Directory Open Access Journal |
| issn | 2811-3799 2590-423X |
| language | English |
| last_indexed | 2024-04-11T00:15:36Z |
| publishDate | 2011-06-01 |
| publisher | Universiti Utara Malaysia |
| record_format | Article |
| series | The International Journal of Banking and Finance |
| spelling | doaj.art-a4673f3b11c74da4b8b61d5a55a11d182023-01-09T03:08:27ZengUniversiti Utara MalaysiaThe International Journal of Banking and Finance2811-37992590-423X2011-06-0182Governing Banks: A British PerspectiveAndy Milllneux0University of Birmingham, United KingdomThis conceptual paper considers the corporate governance of shareholder owned deposit taking banks in light of the Global Financial Crisis (GFC). Deposit taking banks present a special corporate governance problem because depositors (and taxpayers) are stakeholders. The GFC revealed significant weaknesses in the regulation and corporate governance of banks. The UK government commissioned the Walker Review of the corporate governance of UK banks in February 2009. Its recommendations are discussed in the context of the wider governance (including regulation) of banks. Regulation and corporate governance systems should focus on the establishment of effective internal risk control mechanisms and the good management of banks. https://www.e-journal.uum.edu.my/index.php/ijbf/article/view/8422Walker reportbank corporate governancestakeholder interest |
| spellingShingle | Andy Milllneux Governing Banks: A British Perspective The International Journal of Banking and Finance Walker report bank corporate governance stakeholder interest |
| title | Governing Banks: A British Perspective |
| title_full | Governing Banks: A British Perspective |
| title_fullStr | Governing Banks: A British Perspective |
| title_full_unstemmed | Governing Banks: A British Perspective |
| title_short | Governing Banks: A British Perspective |
| title_sort | governing banks a british perspective |
| topic | Walker report bank corporate governance stakeholder interest |
| url | https://www.e-journal.uum.edu.my/index.php/ijbf/article/view/8422 |
| work_keys_str_mv | AT andymilllneux governingbanksabritishperspective |