Staff View: Banking on Governance? Conflicts of Interest Facing Bank Owners and Supervisors

Cover Image

QR Code

Banking on Governance? Conflicts of Interest Facing Bank Owners and Supervisors

Banks fail with alarming frequency, resulting in large losses of taxpayer money. A key factor in the high failure rate is the flawed governance mechanism, which exacerbates the risks inherent in banking. Bankers control a lot of other people's...

Full description

Bibliographic Details
Main Author:	Leechor, Chad
Language:	English
Published:	World Bank, Washington, DC 2012
Subjects:	BANK FAILURES GOVERNANCE BANK SUPERVISION CONFLICT OF INTERESTS BANKING CRISES DEPOSIT INSURANCE DISCLOSURE OF INFORMATION ACCOUNTABILITY ACCOUNTING ACCOUNTING STANDARDS AFFILIATES AGENTS ASSURANCE AUDITORS BANK MANAGEMENT BANKING DISTRESS BANKING SUPERVISION BANKS CONNECTED LENDING COVERAGE CREDIT RISKS DEBT DEPOSITORS FINANCIAL CRISES FRAUD GNP INSOLVENCY INSURANCE INTEREST RATES MARKET VALUE OIL RESERVE REQUIREMENTS RISK TAKING RISK-WEIGHTED ASSETS RUNS ON BANKS SAVINGS SHAREHOLDERS SUPERVISORY AGENCIES TRANSPARENCY UNDERWRITING VULNERABILITY
Online Access:	http://documents.worldbank.org/curated/en/1999/10/439337/banking-governance-conflicts-interest-facing-bank-owners-supervisors http://hdl.handle.net/10986/11454