The corporate governance lessons from the financial crisis

By G. Kirkpatrick. 2009

407 citations recorded by the source corpus.

Subfields: Accounting, Finance

View Paper: https://www.semanticscholar.org/paper/ca7f472a9ca5f32d75524d8903656500230e44d4

Citations in the corpus

• Does the impact of board independence on large bank risks change after the global financial crisis (2017, unknown): “As a result a growing number of studies (see, for instance, Adams, 2012; Kirkpatrick, 2009; Ringe, 2013) and the media blame independent directors for not having played an effective advising and monitoring role in the years leading to the crisis.”
• Shari’ah supervision, corporate governance and performance : conventional vs. Islamic banks (2015, unknown): “Many observers attribute the current financial crisis to failures in corporate governance, such as lax board oversight and flawed executive compensation practices that encourage aggressive risk taking (Erkens et al., 2012; Kirkpatrick, 2009; Sharfman, 2009).”
• Governance and the Financial Crisis (2009, unknown): “‘Corporate Governance, Regulation, and Bank Risk Taking’, Laeven, L. and R. Levine, forthcoming, Journal of Financial Economics, 2008.”
• Financial Expertise of the Board, Risk Taking, and Performance: Evidence from Bank Holding Companies (2014, unknown): “In particular, calls for reform of the financial sector argue that the lack of financial expertise of board members played a major role in the crisis (e.g., Kirkpatrick (2009), Walker (2009)).”
• Corporate governance and performance of financial institutions (2015, unknown): “…for effective corporate governance practices in the banking system because failures and weaknesses in bank governance contribute to the development of financial crises (Basel Committee on Banking Supervision, 2010; Board of Governors of the Federal Reserve System, 2010a, 2010b; Kirkpatrick, 2009 ).”
• Governance, Efficiency and Risk Taking in Chinese Banking (2017, unknown): “…of many banking firms post-global financial crisis have reignited the debate over M AN US CR IP T AC CE PT ED ACCEPTED MANUSCRIPT 3 the governance frameworks of these institutions and their impact on performance and risktaking activities (Kirkpatrick, 2009; Mulbert, 2010; Adams & Mehran, 2012).”
• Bank performance and board of directors attributes by Islamic banks (2015, unknown): “Furthermore, the recent financial collapses and banking distress are primarily caused by board failures (Kirkpatrick, 2009), and the GCC Islamic banks are not exempted from these crises.”
• Board structure and corporate risk taking in the UK financial sector (2017, unknown): “7 In the financial sector, however, large monetary incentives led to the excessive managerial risk taking, which has been recognised as one of the main causes of the 2007-2009 financial crisis (Kirkpatrick, 2009; Minton, Taillard, & Williamson, 2014; Pathan, 2009).”
• Corporate Governance and Firm Performance: Evidence from the Insurance Sector of Ghana (2012, unknown): “In the aftermath of the financial crises in 2007, OECD (2009) on the corporate lessons from the financial crises concluded that, the crises was largely due to failures and weaknesses in corporate governance arrangements which could not serve their purpose to safeguard against excessive risk taking…”
• The research frontier in corporate governance (2011, unknown): “Others lay responsibility on bank boards arguing that risk policy—‘a clear duty of the board’—failed because of insufficient monitoring by bank boards (Kirkpatrick 2009).”