Economics at your fingertips  

A tale of three countries, dispersed ownership and greater risk taking levels by management: risk monitoring tools in bank regulation and supervision – developments since the collapse of Barings Plc (re – visited)

Marianne Ojo

MPRA Paper from University Library of Munich, Germany

Abstract: This paper is aimed at explaining why higher concentrations of the ownership of large firms do not necessarily and automatically facilitate lower risk taking levels – where there is scope for the abuse of powers. As well as illustrating why effective corporate governance systems are essential in facilitating high levels of monitoring, accountability and disclosure, the paper also highlights why a consideration of the costs of ownership concentration and its benefits, is required in determining whether corporate governance systems will be effective or not.

Keywords: corporate governance; ownership structures; banks; risk; regulation; monitoring; disclosure; accountability; liquidity; internal controls (search for similar items in EconPapers)
JEL-codes: D8 G01 G2 G3 K2 (search for similar items in EconPapers)
Date: 2011-01-14
New Economics Papers: this item is included in nep-law, nep-reg and nep-rmg
References: View references in EconPapers View complete reference list from CitEc

Downloads: (external link) original version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().

Page updated 2024-05-13
Handle: RePEc:pra:mprapa:28131