The financial crisis and banks’ corporate governance models: implications and perspectives

Reiner Masera
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Reiner Masera: UniversitàTelematica G. Marconi, Roma

BANCARIA, 2009, vol. 01, 3-19

Abstract: In the international discussion about the change of the supervisory system, the strength of the approaches defined in Italy must be emphasized. If the model based on the board of statutory auditors could not be exported, some of the main characteristics could be preserved and replicated. The main aspects that must be safeguard could be summarized as follows: the existence of multiple auditors with the same role in the firm could be harmful and a governance model based on the separation of the role and independence of firms function and auditors is necessary

Keywords: financial crisis; governance; auditors (search for similar items in EconPapers)
JEL-codes: G01 G21 G28 (search for similar items in EconPapers)
Date: 2009
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