Press Releases
Risky business – new research explores how corporate law undermines financial stability
With the effects of the 2007 credit crunch still being felt around the world, a new book by Dr Andreas Kokkinis, Assistant Professor in the University of Warwick’s School of Law, explores whether traditional models of corporate governance fail to promote financial stability. Corporate Law and Financial Instability explores the tension between corporate governance systems focused around shareholders who want to maximise their returns, and prudential regulation where risk-taking must be controlled in order to safeguard financial stability.