Beschreibung:
<jats:title>Abstract</jats:title><jats:p>The recent financial crisis revealed limitations and deficiencies in the corporate governance of many financial institutions on both sides of the Atlantic that, to some extent, could have facilitated excessive risks. Specifically, it was observed that the composition of the board, its organization and functioning, its relation with risk management and its control, and even the way in which managers and directors were remunerated, could alter the risk profile of the credit institution and, consequently, its conduct.</jats:p>