Bank corporate governance and sound and prudent management
«Alongside adequate capital and organization, the third factor of the stability of the banking system is the quality of corporate governance» (Draghi 2008). The paper addresses the relationship between bank corporate governance and sound and prudent management by analysing the main strands of literature first on corporate governance in general, identified and classified on the basis of the OECD principles (2004), and then specifically on bank corporate governance and the role of bank boards, identified and classified using the BIS principles (2006). The paper concludes with the identification of the most promising areas for further research.
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