The Financial Sector and Corporate Governance: The UK Case

Mallin, Chris; Mullineux, Andy W.; Wihlborg , Clas

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The Financial Sector and Corporate Governance: The UK Case

Corporate Governance: An International Review, Vol. 13, No. 4, pp. 532-541, July 2005

10 Pages Posted: 6 Jul 2005

See all articles by Chris Mallin

Chris Mallin

Norwich Business School, University of East Anglia; University of Birmingham - Birmingham Business School

Post 1992 Cadbury Committee report developments in UK corporate governance provisions are reviewed. The role of institutional investors, and the financial sector as a whole, in corporate governance is considered. Practices in 'Continental Europe', the UK and the US are contrasted, along with the roles of banks, strategic investors ("insiders"), institutional investors ("outsiders") and capital markets. To be effective, capital markets must be efficient and competitive and auditing must be reliable. Current EU and US reform proposals are compared and prospects for convergence in corporate governance procedures assessed.

Suggested Citation: Suggested Citation

Mallin, Christine and Mullineux, Andy W. and Wihlborg, Clas, The Financial Sector and Corporate Governance: The UK Case. Corporate Governance: An International Review, Vol. 13, No. 4, pp. 532-541, July 2005, Available at SSRN: https://ssrn.com/abstract=754291