Did “Better” Corporate Governance Actually Make Banks Riskier?
Some interesting Monday morning links from the world of GRC: “Better” Corporate Governance Made Banks Riskier “Banks that were more responsive to shareholders performed much better before the financial crisis and much worse during it, a new study demonstrates. A pair of finance professors examined the returns and governance styles of banks before and during the crisis. What they found is that many of the banks with that are considered “better governed” according to standard models of corporate governance, fared far worse during the crisis.” >>>read entire article at BusinessInsider.com ——————– Transcript: Hedge Fund Roundtable, Part One Three hedge-fund heads discuss funds’ performance over the last year and debate potential tax code changes. >>>read entire article at Forbes.com ——————– Companies Act to be used to make banks disclose non-board pay “The use of the Companies Act 2006 also raises the possibility that all UK companies could be forced to comply with the measure, regardless