Author(s): by Morten Balling, Elizabeth Hennessy, and Richard O’Brien
Date published: Aug 1998
edited by Morten Balling, Elizabeth Hennessy, and Richard O'Brien, Financial and Monetary Policy Studies 33
Kluwer Academic Publishers, Dordrecht, Boston, London, 1998
The papers in this volume were presented at the 20th SUERF Colloquium in Budapest. The three main topics are: Corporate governance of financial institutions; Corporate governance as exerted by financial institutions; Financial institutions as participants in the transfer of corporate governance. The structure of financial institutions has a significant impact on the ways in which the power to manage corporate resources is allocated. The relative roles of different types of owners and the legal frameworks within which they operate are currently in a state of flux throughout Europe. Financial integration in the European Union, the transition to open market economies in Central and Eastern Europe and privatization all have a profound effect on the behaviour and influence of different enterprises. This collection of papers demonstrates the range of aspects of corporate governance in a world characterized by rapid technological, political and institutional change, which are currently concerning researchers and practitioners. The contributions will be of considerable interest to academics in the fields of finance and banking, monetary economics and macro-economics, and also to professionals in banks, securities houses, corporate treasuries, pension funds, consultancies, law firms, and central banks and regulatory bodies.