Financial Institution Board Responsibilities Under the Microscope

10 Pages Posted: 13 Apr 2010  

Ann Graham

Hamline University School of Law

Date Written: April 12, 2010

Abstract

In the wake of the financial crisis, boards of directors will find both regulators and shareholders focused on legal and ethical responsibilities of the board. How much direction and oversight should a board provide to management in its efforts to maximize profitability? What new requirements will the regulators impose and what actions will they take based on past board actions? Every financial crisis has brought a wave of enforcement actions. It is important for boards and their attorneys to anticipate and prepare for heightened regulatory attention.

Keywords: financial institutions, corporate law, corporate governance, board of directors, banking law

JEL Classification: G21, G28, K23

Suggested Citation

Graham, Ann, Financial Institution Board Responsibilities Under the Microscope (April 12, 2010). Available at SSRN: https://ssrn.com/abstract=1588225 or http://dx.doi.org/10.2139/ssrn.1588225

Ann Graham (Contact Author)

Hamline University School of Law ( email )

1536 Hewitt Avenue
Saint Paul, MN 55104-1237
United States
651-523-2349 (Phone)
651-523-2236 (Fax)

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