This paper studies the relationship between corporate governance and the systemic risk of financial institutions … governance mechanisms can explain the cross-sectional variation in systemic risk around the recent financial crisis. Our … structures and boards of directors are associated with higher levels of systemic risk. Thus, our results suggest that good …

risk. I find that banks with higher CSR scores are less risky. This is driven by their external CSR investments and not by …, lower valuations, and greater risk than banks with a more balanced distribution between internal and external CSR … likely to contribute to systemic macroeconomic risk. …

future development of new research paradigms in law and finance. Finally, this Article advocates a more risk-based approach …

monitor the over-emphasis on the maximization of short-term shareholder value without relativizing the risk taken to achieve …

the weakness of legal means of minimizing risk and highlighting dangers in major banking corporations. Gatekeeper failure … sector attention on the poor risk models used by banks. This ultimately led to the passage of new Banking legislation in the …

evidence shows that the corporate governance issues as risk management, remuneration, shareholder activism and board …