Gateway to Think Tanks
来源类型 | Policy Briefs |
规范类型 | 简报 |
Addressing Excessive Risk Taking in the Financial Sector: A Corporate Governance Approach | |
Steven L. Schwarcz; Maziar Peihani | |
发表日期 | 2018-09-13 |
出版年 | 2018 |
语种 | 英语 |
摘要 | Excessive corporate risk taking by systemically important financial institutions (SIFIs) is widely seen as one of the primary causes of the global financial crisis. In response, an array of international reforms, under the auspices of the Group of Twenty’s (G20’s) standard-setting bodies, has been adopted to try to curb that risk taking. However, these reforms only impose substantive requirements, such as capital adequacy, and cannot by themselves prevent future systemic collapses. To complete the G20 financial reform agenda, SIFI managers should have a duty to society (a public governance duty) not to engage their firms in excessive risk taking that leads to systemic externalities. Regulating governance in this way can help supplement the ongoing regulatory reforms and reduce the likelihood of systemic harm to the public. |
主题 | Trade & Finance |
子主题 | Central Banking & International Finance |
URL | https://www.cigionline.org/publications/addressing-excessive-risk-taking-financial-sector-corporate-governance-approach |
来源智库 | Centre for International Governance Innovation (Canada) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/180241 |
推荐引用方式 GB/T 7714 | Steven L. Schwarcz,Maziar Peihani. Addressing Excessive Risk Taking in the Financial Sector: A Corporate Governance Approach. 2018. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
PB no.139_1.pdf(3014KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。