The Global Financial Crisis and the Implications for Corporate Governance Regulation

Chartered Secretaries Australia
Publication Type:
Journal Article
Keeping Good Companies, 2009, 61 (2), pp. 70 - 75
Issue Date:
Full metadata record
Files in This Item:
Filename Description Size
2008007977.pdf309.72 kB
Adobe PDF
The prolonged systemic crisis In Internatlonal financial markets which commenced In mld 2007 and continues to develop, is also a crisis in corporate governance and regulation. The most severe financial disaster since the Great Depression has exposed the dangers of unregulated financial markets and nominal corporate governance. This financial crisis Is larger in scale than any crisis since the 1930s InvolVing losses estimated by the IMF In October 2008 as potentlalIy US$I,400 billion, eclipsing earlier crises in Asia, Japan and the US (see Figure 1).
Please use this identifier to cite or link to this item: