Keywords
- corporate governance of banks •
- equity governance vs. debt governance •
- financial crisis and bank reform proposals •
- supervisory requirements as to bankgovernance •
- separation of management and control by a bank two-tier board •
- bankgroup-wide corporate governance •
- bank risk management •
- fit and proper test for the board •
- the management and major shareholders of banks •
- experience vs. independence of board members •
- the danger of spillover of bank governance reforms to the corporate governance of the firms.