Stress Testing Corporate Governance
This compendium looks at the development of corporate governance since the financial crisis and asks whether governance rules and practices have developed in a way that positions companies better to address systemic risk. The occurrence of spectacu...
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International Finance Corporation, Washington, DC
2018
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Online Access: | http://documents.worldbank.org/curated/en/273311532463258916/Stress-testing-corporate-governance http://hdl.handle.net/10986/30206 |
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okr-10986-302062021-05-25T10:54:39Z Stress Testing Corporate Governance Sullivan, John D. Muis, Jules Montagnon, Peter Duverne, Denis Hashimi, Fuad Bertin, Marcos E.J. CORPORATE GOVERNANCE ACCOUNTABILITY POLITICAL CONTEXT SYSTEMIC RISK SOCIAL IMPACT CHECKS AND BALANCES DISCLOSURE REPORTING BOARD OF DIRECTORS WHISTLEBLOWING GENDER DIVERSITY SECURITIES REGULATION This compendium looks at the development of corporate governance since the financial crisis and asks whether governance rules and practices have developed in a way that positions companies better to address systemic risk. The occurrence of spectacular corporate scandals since the crisis—Tesco, Toshiba, VW, and Wells Fargo, and the many institutions affected by the LIBOR scandal—suggests that the governance lessons have not been learned, certainly not universally. So we ask,What more needs to be done? How can investors, regulators, and the concerned publics beassured that the board of directors is, in fact, practicing good corporate governance? This compendium look at stress-testing governance from several angles: systemic risk in the financial system, risk at the individual corporate level, and the differentiated challenge as exists between companies with dispersed ownership, family ownership, controlling shareholders, and state ownership. 2018-08-14T16:33:26Z 2018-08-14T16:33:26Z 2018 Brief http://documents.worldbank.org/curated/en/273311532463258916/Stress-testing-corporate-governance http://hdl.handle.net/10986/30206 English Private Sector Opinion;No. 41 CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank International Finance Corporation, Washington, DC Publications & Research Publications & Research :: Brief |
repository_type |
Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English |
topic |
CORPORATE GOVERNANCE ACCOUNTABILITY POLITICAL CONTEXT SYSTEMIC RISK SOCIAL IMPACT CHECKS AND BALANCES DISCLOSURE REPORTING BOARD OF DIRECTORS WHISTLEBLOWING GENDER DIVERSITY SECURITIES REGULATION |
spellingShingle |
CORPORATE GOVERNANCE ACCOUNTABILITY POLITICAL CONTEXT SYSTEMIC RISK SOCIAL IMPACT CHECKS AND BALANCES DISCLOSURE REPORTING BOARD OF DIRECTORS WHISTLEBLOWING GENDER DIVERSITY SECURITIES REGULATION Sullivan, John D. Muis, Jules Montagnon, Peter Duverne, Denis Hashimi, Fuad Bertin, Marcos E.J. Stress Testing Corporate Governance |
relation |
Private Sector Opinion;No. 41 |
description |
This compendium looks at the development
of corporate governance since the financial crisis and asks
whether governance rules and practices have developed in a
way that positions companies better to address systemic
risk. The occurrence of spectacular corporate scandals since
the crisis—Tesco, Toshiba, VW, and Wells Fargo, and the many
institutions affected by the LIBOR scandal—suggests that the
governance lessons have not been learned, certainly not
universally. So we ask,What more needs to be done? How can
investors, regulators, and the concerned publics beassured
that the board of directors is, in fact, practicing good
corporate governance? This compendium look at stress-testing
governance from several angles: systemic risk in the
financial system, risk at the individual corporate level,
and the differentiated challenge as exists between companies
with dispersed ownership, family ownership, controlling
shareholders, and state ownership. |
format |
Brief |
author |
Sullivan, John D. Muis, Jules Montagnon, Peter Duverne, Denis Hashimi, Fuad Bertin, Marcos E.J. |
author_facet |
Sullivan, John D. Muis, Jules Montagnon, Peter Duverne, Denis Hashimi, Fuad Bertin, Marcos E.J. |
author_sort |
Sullivan, John D. |
title |
Stress Testing Corporate Governance |
title_short |
Stress Testing Corporate Governance |
title_full |
Stress Testing Corporate Governance |
title_fullStr |
Stress Testing Corporate Governance |
title_full_unstemmed |
Stress Testing Corporate Governance |
title_sort |
stress testing corporate governance |
publisher |
International Finance Corporation, Washington, DC |
publishDate |
2018 |
url |
http://documents.worldbank.org/curated/en/273311532463258916/Stress-testing-corporate-governance http://hdl.handle.net/10986/30206 |
_version_ |
1764471169515257856 |