Vedder Thinking | Articles Financial Services Report - Corporate Governance in Banking: After 40 Years, Is It Good Yet?
Now more than ever, it is critical for managers of financial institutions to remain focused on the governance procedures, practices, protocols and controls that are essential to the long-term safety and soundness of their organization. Banks that fail to follow the commonly accepted best practices of the "good governance" landscape face dire consequences, particularly given today's regulatory enforcement environment.
In this Financial Services Report, Daniel O'Rourke, a Vedder Price Shareholder with four decades of experience in director liability and fiduciary duties in the banking context, shares his thoughts on the history of corporate governance, as well as current "best of the best" practices for financial institutions.
To read the report, click the link below.