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Part of the book series: Contributions to Management Science ((MANAGEMENT SC.))

Abstract

This monograph investigates the effects of the 2007–2009 financial crisis on banking regulation and reporting, with a special focus on corporate governance and risk management. Particular attention is being paid to Germany and Brazil, two countries which have been affected to a lesser extent than many other economies, whilst Germany has felt the impact on many of its financial institutions, some of which had to be bailed out (e.g. Commerzbank/Dresdner Bank; EuroHypo; HypoRealEstate/Depfa. For details, cfr. 3.5.).

This study is a multi-disciplinary one, combining questions of Economics and Management (Risk Management) with those of Laws (Corporate Law and Social Regulation—Corporate Governance, Transparency), Social Science and Culture, meant to shed light on an area of great importance, which has recently undergone significant changes in a number of economies, in order to draw conclusions for potential future regulations in different jurisdictions.

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Notes

  1. 1.

    The introduction of the Sarbanes-Oxley-Act “raised hackles around the globe for its perceived ‘unilateralism’ and lack of statutory exemptions—in short, its apparent eagerness to impose U.S. style governance everywhere”. (Hollister 2005:464, cfr. Klonoski 2012).

  2. 2.

    E.g. Commerzbank/Dresdner Bank; EuroHypo; HypoRealEstate/Depfa. For details, cfr. 3.5.

  3. 3.

    For an overview of studies on several topics with a focus on emerging markets, cfr. Claessens and Yurtoglu (2012).

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Gericke, R.C. (2018). Introduction. In: Corporate Governance and Risk Management in Financial Institutions. Contributions to Management Science. Springer, Cham. https://doi.org/10.1007/978-3-319-67311-0_1

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