Description:
This book explores the relationship between the corporate governance and securities law framework and the prudential regulatory framework in regulating banks and financial institutions in the UK.
Review Quotes:
"Dr Kokkinis' book reminds us of the importance to critically question the shareholder primacy model in corporate governance especially when certain public interests are at stake in how important corporations are governed. It is very much aligned with UK financial regulators' view that senior managers should be made more responsible for public interest objectives, charting a unique path away from religious adherence to shareholder primacy."- Dr. Iris H Chiu,
Professor of Corporate Law and Financial Regulation at UCL
"For too long, corporate and banking law have remained mutually distinct subject areas. This was illustrated by the markedly differing academic and policy discourses in these fields following the financial crisis. In this ground-breaking and thought-provoking work, an author who is equally well-versed in both specialisms provides a lucid, compelling and conceptually sophisticated exposition of why prudential bank regulation is incapable of resolving financial stability concerns in the absence of supportive corporate law reforms. Kokkinis' polemic is at once both radical and common-sense. Above all, it calls on academics and policymakers to recognise the potential of corporate law to act as a powerful public policy mechanism in the financial domain." -Dr. Marc Moore, Reader in Law at Cambridge University