cover all of this and anything else you think is relevant
Intro – 200 words
Background on the 2008 financial crisis. What is/happened in the UK financial crisis?
What is corporate governance?
How do they both link?
State weaknesses in corporate governance structures and approaches were significant contributing factors to the crisis.
Main Body – 1700 words
Weaknesses in Corporate Governance Structures and Approaches – 500 words
Lack of board independence and oversight
Inadequate risk management practices
Incentivising excessive risk-taking behaviour
Insufficient regulatory oversight
Consequences of Weak Corporate Governance – 400 words
Failure of large financial institutions
The collapse of the housing market
Unemployment and economic downturn
Government intervention and bailout
Improvements in Corporate Governance Structures and Approaches – 400 words
Enhanced board independence and oversight
Strengthened risk management practices
Balanced and aligned incentives
Increased regulatory oversight and enforcement
Assessment of Improvements Made – 200 words
Impact of the Dodd-Frank Act
Changes in corporate governance practices
Effectiveness of regulatory reforms
Recommendations for Further Improvement – 200 words
Strengthening board independence and expertise
Incorporating sustainability and ESG considerations
Aligning executive compensation with long-term performance
Enhancing regulatory oversight and enforcement
Conclusion 200 words
How have structures been improved since then? Or have they not been?
Recommendations to prevent a recurrence
Recap of key points
Importance of corporate governance in preventing financial crises
Call to action for continued improvement.
Intro – 200 words
Background on the 2008 financial crisis. What is/happened in the UK financial crisis?
What is corporate governance?
How do they both link?
State weaknesses in corporate governance structures and approaches were significant contributing factors to the crisis.
Main Body – 1700 words
Weaknesses in Corporate Governance Structures and Approaches – 500 words
Lack of board independence and oversight
Inadequate risk management practices
Incentivising excessive risk-taking behaviour
Insufficient regulatory oversight
Consequences of Weak Corporate Governance – 400 words
Failure of large financial institutions
The collapse of the housing market
Unemployment and economic downturn
Government intervention and bailout
Improvements in Corporate Governance Structures and Approaches – 400 words
Enhanced board independence and oversight
Strengthened risk management practices
Balanced and aligned incentives
Increased regulatory oversight and enforcement
Assessment of Improvements Made – 200 words
Impact of the Dodd-Frank Act
Changes in corporate governance practices
Effectiveness of regulatory reforms
Recommendations for Further Improvement – 200 words
Strengthening board independence and expertise
Incorporating sustainability and ESG considerations
Aligning executive compensation with long-term performance
Enhancing regulatory oversight and enforcement
Conclusion 200 words
How have structures been improved since then? Or have they not been?
Recommendations to prevent a recurrence
Recap of key points
Importance of corporate governance in preventing financial crises
Call to action for continued improvement.