[Read now] Corporate Governance Failures: The Role of Institutional Investors in the Global Financial Crisis






#4271430 in eBooks 2011-04-15 2011-04-15File Name: B00B4FJEHA

0 of 0 people found the following review helpful. Five StarsBy SimiloItem received in excellent order."A valuable and highly stimulating book."mdash;Financial Analysts JournalAbout the AuthorJames P. Hawley, Shyam J. Kamath, and Andrew T. Williams are professors of economics and business at Saint Mary's College of California. Hawley is Director of the Elfenworks Center for the Study of Fiduciary CCorporate 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 mutual funds, hold considerable ...


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