Corporate Governance and Accountability of Financial Institutions: The Power and Illusion of Quality Corporate Disclosure

ISBN-13: 9783030640484 / Angielski / Miękka / 2022 / 438 str.

Jonas Abraham Akuffo

Opis

The presence of sound corporate governance in a financial institution is important in maintaining the confidence of both the market and the public. The power that corporate governance holds over the success of some of the largest financial institutions in the world is not to be downplayed.  This book methodically assesses the quality of corporate governance and mechanisms of accountability disclosures to various stakeholders. It is further intended to provide fresh insights into some specific corporate governance recommendations to help improve good governance in financial institutions, particularly in the United Kingdom and the EU but will also be applicable to other major economies. It explores what, when and how corporate governance has changed the financial institution functions and corporate executive behaviour by critically reviewing the pre- and post-financial crisis theoretical and empirical literature. Increasingly driven by the nature of complications, complexities and opacity in the operations of financial systems, corporate governance reporting plays an important role in the financial sector. It will provide insights into corporate governance disclosures over a long-term basis. This book should be a valuable asset to support the research of practitioners, students and all academics due to its stimulating and reflective insights into this fascinating topic.

Spis treści

Chapter 1 – Introduction

Chapter 2 – Corporate Governance development: a reaction or deliberate policy thought?

Chapter 3 – Rethinking of corporate governance in financial institutions: Do we need a new theory?.

Chapter 4 – Walking a fine line: Governance, Accountability Mechanisms and Disclosure Literature

Chapter 5 – To blame? The less talked about cause of the 2007-2009 Financial Crisis

Chapter 6 –WHY? Examining and understanding the UK Financial System and its Regulatory Framework for Corporate Governance

Chapter 7 – A review of Corporate Governance and Accountability Mechanisms in UK Financial Institutions – what is working and what is not?

Chapter 8 – POWER! Qualitative Corporate Governance disclosures in UK Financial Institutions

Chapter 9 – The inside scoop – what stakeholders’ think of Corporate Governance in Financial Institutions.

Chapter 10 – A new dawn: Accountable, transparent governance…what practitioners want?.-Chapter 11  Conclusion

O autorze

Jonas Abraham Akuffo is trained finance and business management expert, is currently working in strategic finance and pricing in the healthcare industry. He holds a Joint Doctor of Business Administration in Accounting & Finance, an MBA in Finance, a master’s in Business Economics, Finance & Banking, a BA in Economics and has completed his studies in Ghana, England and France. He is also a Fellow of Chartered Management Institute (FCMI). His current research interests include accountability, corporate governance, healthcare financing, strategic corporate finance and management control systems.

Blurb

The presence of sound corporate governance in a financial institution is important in maintaining the confidence of both the market and the public. The power that corporate governance holds over the success of some of the largest financial institutions in the world is not to be downplayed.  This book methodically assesses the quality of corporate governance and mechanisms of accountability disclosures to various stakeholders. It is further intended to provide fresh insights into some specific corporate governance recommendations to help improve good governance in financial institutions, particularly in the United Kingdom and the EU but will also be applicable to other major economies.

It explores what, when and how corporate governance has changed the financial institution functions and corporate executive behaviour by critically reviewing the pre- and post-financial crisis theoretical and empirical literature. Increasingly driven by the nature of complications, complexities and opacity in the operations of financial systems, corporate governance reporting plays an important role in the financial sector. It will provide insights into corporate governance disclosures over a long-term basis.

This book should be a valuable asset to support the research of practitioners, students and all academics due to its stimulating and reflective insights into this fascinating topic.

Jonas Abraham Akuffo  is trained finance and business management expert, is currently working in strategic finance and pricing in the healthcare industry. He holds a Joint Doctor of Business Administration in Accounting & Finance, an MBA in Finance, a master’s in Business Economics, Finance & Banking, a BA in Economics and has completed his studies in Ghana, England and France. He is also a Fellow of Chartered Management Institute (FCMI). His current research interests include accountability, corporate governance, healthcare financing, strategic corporate finance and management control systems.