The paper aims to understand if and which lessons have been learned since the financial crisis of 2007-2008, highlighting the main deficiencies which still affect the corporate governance and risk management systems more than a decade after. A survey was performed by collecting the answers to 15...

From a risk management perspective, this study examines the role of ownership and board sub-committee governance on direct measures of agency costs in a small OECD economy - New Zealand. Using Logistic and OLS regression approaches, two proxies of direct agency costs are tested on a pooled...

This paper develops a model for the assessment of the maturity of the compliance function of investment firms. The model indicates a path of evolution wherein the compliance function matures from being reactive and inconsistent to becoming a proactive and integrated part of a firm's business...

The main objective of this research is to analyse the relationship between the board of director' structure of the banks from the Romanian bank sector, the capital demands and the risk management in what concerns these relationships. Regarding the structure of the board of directors, their size...

The present paper highlights the need to adopt sustainability strategies in the Romanian banking sector, from the perspective of the importance of the role of financial intermediary that commercial banks have, also reflecting the positive impact of these strategies on financial performance. The...

Hydro One Inc. is widely regarded as having had one of the most successful implementations of enterprise risk management (ERM). The purpose of this article is to record the history of this successful implementation so that it will benefit other companies and organizations who are at the...