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Regulatory Framework of Financial Institutions before, during and after the Financial Crisis – Getting It Right

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  • Matjaz Nahtigal

    (University of Primorska, Slovenia)

Abstract

The purpose of this article is to reflect upon the importance and the role of financial institutions before, during and after the financial crisis and to outline proposals for alternative approaches to the financial crisis. Without an understanding of the historic development, nature and scope, and important limitations of modern financial institutions, the regulatory reform of modern financial institutions cannot be successful. The success of financial reforms and their restructuring can only be measured when modern financial institutions participate, support and develop the real economy and support a more balanced, inclusive and diverse social development process. This is what the really ‘exciting’ banking and finance organizations should stand for. The regulatory reforms, bail-outs and dominant ideas about the European banking union, for example, are impeding, rather than facilitating, hopes for real economic and social recovery on both sides of the Atlantic

Suggested Citation

  • Matjaz Nahtigal, 2012. "Regulatory Framework of Financial Institutions before, during and after the Financial Crisis – Getting It Right," MIC 2012: Managing Transformation with Creativity; Proceedings of the 13th International Conference, Budapest, 22–24 November 2012 [Selected Papers],, University of Primorska, Faculty of Management Koper.
    • Handle: RePEc:mgt:micp12:333-346
    as

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    File URL: http://www.fm-kp.si/zalozba/ISBN/978-961-266-201-1/papers/MIC4201.pdf
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    References listed on IDEAS

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    1. Robert J. Shiller, 2012. "Finance and the Good Society," Economics Books, Princeton University Press, edition 1, number 9652, December.
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