Corporate Governance in the Aftermath of the Global Financial Crisis, Volume IV

Chapter 4

Contemporary Issues of Corporate Governance

Introduction

Corporate governance has transformed from compliance with applicable laws, rules, and regulations to be integrated into corporate culture and business models. Many corporate governance challenges and issues have been encountered and addressed during this transition process. Globalization of financial markets, technological advances, and the 2007–2009 global financial crisis have caused many challenges for corporate governance. The globalization of capital markets and demand for investor protection requires consistency and uniformity in regulatory reforms and corporate governance practices. This chapter presents corporate governance challenges and issues ranging from investor confidence, ...