Abstract
It is an ill wind that blows no one any good, and a good thing that will, hopefully, emerge from the otherwise ill wind of the 2007–08 financial crisis is a reform of corporate governance. Some reforms will be forced on companies by tougher regulation, particularly in the financial services sector, with which they will be obliged to comply. But there are internal pressures for reform too. Corporate executives have a duty to their shareholders to minimize the risk of a recurrence of the wealth-destroying storms that swept through the world’s capital markets at the end of the 2000s, the effects of which are still being felt in the early 2010s.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
Notes
“The transformational and transactional leadership of men and women,” Bass, B. M., Avolio, B.J., and Atwater, L., Applied Psychology:An International Review, 1996.
“The City needs to put more women in senior jobs, says MPs’ report,” Katie Allen, Guardian, 3 April 2010.
“Exposed: Dick Fuld, the man who brought the world to its knees,” Andrew Gowers, Sunday Times, 14 December 2008.
“Sex matters: Gender differences in a professional setting,” Niessen, Alexandra and Ruenzi, Stefan, Centre for Financial Research, University of Cologne, 2005.
“Theresa May calls for more women on company boards,” Angela Monaghan, Daily Telegraph, 17 September 2010.
Copyright information
© 2011 Peninah Thomson and Tom Lloyd
About this chapter
Cite this chapter
Thomson, P., Lloyd, T. (2011). Corporate governance after the banking crisis. In: Women and the New Business Leadership. Palgrave Macmillan, London. https://doi.org/10.1057/9780230306882_2
Download citation
DOI: https://doi.org/10.1057/9780230306882_2
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-32257-2
Online ISBN: 978-0-230-30688-2
eBook Packages: Palgrave Business & Management CollectionBusiness and Management (R0)