Work in progress? How the credit crunch has its roots in the lack of integrated governance and control systems

Abstract

Purpose

This paper aims to focus on recent developments within the financial markets.

Design/methodology/approach

The approach is that of critical commentary on the present situation.

Findings

Current market dynamics reinforce the fact that there are few greater issues for financial institutions than governance and control systems.

Originality/value

The paper shows that financial institutions are still seeking to find the correct balance between risk and reward among the forces of financial innovation.

Citation

Gentle, C. (2008), "Work in progress? How the credit crunch has its roots in the lack of integrated governance and control systems", Journal of Risk Finance, Vol. 9 No. 2, pp. 206-210. https://doi.org/10.1108/15265940810853959