The authors explore the implications of directors' networks for company valuation in a concentrated ownership environment and in pyramidal control structures.
Current arrangements protect independence, argue George and Lecker
Need for strong boards, risk culture and internal audit emphasised at IIA conference
OpRisk Asia: Cyber security group warns most directors are neglecting risk
Thomas Friang sets out vulnerabilities of financial institutions at OpRisk Europe
Governance failures and weak compliance at heart of $1.45bn fine
CIIA's Peters says auditors often lack right skills and support of bank boards
Post-crisis push for better female board representation paying off
Female representation on boards linked to improved business performance
Corporate governance initiatives gain traction with funds and investors
Lack of cyber expertise intimidating
Investors say directors should provide active oversight
In the February 2014 editorial video, OpRisk's latest industry survey finds room for improvement in risk management
The second in our series of top 10 op risks for 2014 focuses on the boardroom. Regulators and governments are loading new responsibilities on to directors – adequate board membership has never been more important
Internal failures will prove as dangerous as external threats for the financial industry in 2014
Financial leaders urge supervisors to assess the culture of banks
Efforts to enhance the corporate governance framework for hedge funds in the Cayman Islands have run into opposition from local fund directors, who take issue with the regulator’s plans to create a public directors’ database
The Cayman Islands Monetary Authority has begun a consultation on corporate governance of regulated hedge funds. The move should bring the financial centre closer in line with other jurisdictions.
A committed committee?
In Italy, bank governance is handicapped by the composition of the boards of directors, argues Federico Bottarelli Bernasconi
Kaspar Villiger will leave the bank in May
Vickers faced fierce questioning on Independent Commission on Banking’s final report and recommendations; incentive for banks to cheat the system discussed
Risks have overtaken risk managers in the past 10 years, according to speakers and delegates at the Ferma forum