BibTeX
@MISC{Davis_governanceand,
author = {Kevin Davis and Kevin Davis},
title = {Governance and Australian Financial Institutions},
year = {}
}
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Abstract
This paper examines issues of corporate governance arising from the activities of financial institutions and markets. It is argued that governance problems are particularly severe in financial institutions vis a vis firms in other industries, and particularly important for society given the central role of financial institutions and markets in the financing and corporate governance activities of the economy. Processes of financial reform and financial system design have, it is argued, generally paid inadequate attention to governance considerations. The paper: examines some of the public policy issues related to governance of financial institutions; discusses some of the problems evident in governance within financial institutions; and considers emerging issues and trends in the governance role of financial institutions in the broader economy.
