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

by Jonas Abraham Akuffo

Overview

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.

Product Details

ISBN-13:	9783030640460
Publisher:	Palgrave Macmillan
Publication date:	01/06/2021
Series:	Palgrave Studies in Accounting and Finance Practice
Sold by:	Barnes & Noble
Format:	eBook
File size:	23 MB
Note:	This product may take a few minutes to download.

About the Author

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.

Table of Contents

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.