“Governance, Executive Compensation and Excessive Risk in the Financial Services Industry”

May 27 – 28, 2010
Faculty House, 64 Morningside Drive (between 116th and 117th Streets), New York

The financial crisis of 2008/09 has brought about a wide range of policy measures, and these measures have helped to circumvent a major global recession. The crisis has also reinforced the need for structural reforms—especially in the banking and financial services sector—that still have to be addressed by governments. In addition, the crisis has shown the need for policy coordination on a global level: prudent regulation and supervision on a national level alone is not sufficient to ensure that we lay the groundwork for a sustainable growth path.This conference, co-hosted by FES New York and the Sanford C. Bernstein & Co. Center for Leadership and Ethics brought together the latest academic research and industry best practices on corporate governance and compensation in the financial industry as well as the latest proposals for reform and regulation of these practices.

Program

Report: “Governance, Executive Compensation and Excessive Risk in the Financial Services Industry”

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