Banks in Crisis

Scott, David

World Bank, Washington, DC

关键词: ACCOUNTABILITY;    ACCOUNTING;    AUDITING;    BALANCE SHEET;    BANK EQUITY;   

RP-ID  :  53042

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

The current financial crisis evolvedquickly. In most of the developed countries affected,governments initially improvised solutions that eventuallyled to substantial investments in systemically importantbanks. Not all their actions are worth emulating, especiallythose that undermine normal governance arrangements and theability of all shareholders to hold the banks' boardand management accountable. Lessons from earlier crises showthat governments acting as temporary owners can minimizecosts to taxpayers by following sound commercial practicesand good corporate governance principles. Quickly developingand making public the exit strategy is also important.