The following information was submitted:
Transactions: INTERNATIONAL JOURNAL of MATHEMATICAL MODELS AND METHODS IN APPLIED SCIENCES
Transactions ID Number: 20-457
Full Name: Jiri Strouhal
Position: Senior Lecturer
Age: ON
Sex: Male
Address: University of Economics Prague, W. Churchill Square 4, 130 67 Prague 3
Country: CZECH REPUBLIC
Tel: 00420224095794
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Fax:
E-mail address: strouhal@vse.cz
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Title of the Paper: Corporate Governance Lesson Taught by the Financial Crisis: A Research Note
Authors as they appear in the Paper: Jiri Strouhal, Carmen Bonaci, Eugenia Matis
Email addresses of all the authors: strouhal@vse.cz, carmen.bonaci@econ.ubbcluj.ro
Number of paper pages: 8
Abstract: Corporate governance represents a highly debated topic, taking significant part of the ink during the last decade. Furthermore, it was the financial crisis of 2007-2009 that brought the subject even more into the spotlight. In the context of a worldwide recession caused by excessive credit expansion [21] central elements of corporate governance, such as executive remuneration; internal control; risk management; the board of directors; independent non-executive directors; and shareholders' role are nowadays being reconsidered and closely analyzed. Our paper focuses on accounting, traders and remuneration issues. Regardless of the roots we nowadays find at the bottom of recent turbulent times, be them caused by greed, naivety and/or incorrect assessment of risk exposures, highly fragile global governance structures have been uncovered. Analyzing recent events makes us conclude upon the necessity of learning from the lessons being offered through recent turbulent time!
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Keywords: Corporate governance, executive remuneration, risk taking, risk management accounting principles, disclosure, moral hazard.
EXTENSION of the file: .pdf
Special (Invited) Session: Corporate Governance Lessons and Traders' Dilemma Enhanced by the Financial Crisis
Organizer of the Session: 649-237
How Did you learn about congress: Lubos Smrcka (smrckal@vse.cz)
IP ADDRESS: 78.45.41.113
