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Corporate Governance Failures: The Role of Institutional Investors in the Global Financial Crisis

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 | #4258677 in eBooks |  2011-04-15 |  2011-04-15 | File type: PDF

||0 of 0 people found the following review helpful.| Five Stars|By Similo|Item received in excellent order.| ||"A valuable and highly stimulating book."—Financial Analysts Journal|About the Author|James P. Hawley, Shyam J. Kamath, and Andrew T. Williams are professors of economics and business at Saint Mary's College

Corporate governance, the internal policies and leadership that guide the actions of corporations, played a major part in the recent global financial crisis. While much blame has been targeted at compensation arrangements that rewarded extreme risk-taking but did not punish failure, the performance of large, supposedly sophisticated institutional investors in this crisis has gone for the most part unexamined. Shareholding organizations, such as pension funds and mutua...

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