Corporate governance reforms and our regulatory future

Robert Adamson

Business Horizons, 2012, vol. 55, issue 6, 551-555

Abstract: It is undeniable that the global financial crisis (GFC) has been a catalyst for regulatory change. Whether these policies and regulatory changes are good or bad, whether they will help or hinder growth, and whether they can effect proper balance between growth and effective risk management, the reality is that significant regulatory changes have been proposed and many have already been adopted and implemented. Business leaders may argue that the proposed policy and regulatory choices are both bad policy and bad economics, but the conclusions reached from the GFC is that the status quo was unworkable, and is certainly now politically unpalatable. Corporate governance reforms have arisen as a result of the global financial crisis. This article examines a slew of trends and changes in the wake of the GFC.

Keywords: Corporate governance; Financial crisis; Regulatory oversight; Finance; Economy; Global markets; Dodd Frank Act (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:eee:bushor:v:55:y:2012:i:6:p:551-555

DOI: 10.1016/j.bushor.2012.06.005

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