Predictable and avoidable repairing economic dislocation and preventing the recurrence of crisis - Pezzuto, Ivo (Gower Publishing Limited, 2013)
Includes bibliographical references and index
Introduction; The factors that have led to the global financial crisis; The financial crisis was predictable and avoidable; The need for an improved risk governance; The need for cultural change in the organizations and society; Experts' insights for improved governance; Conclusion; References; Index
"In Predictable and Avoidable, Dr Pezzuto offers business school students; academics; and industry experts in the fields of finance, risk management, audit, corporate governance, economics, and regulation, a truly independent and unbiased analysis of the financial crises starting in 2007 and one of the first fully considered expositions of the financial, governance and regulatory reforms needed for the future. Augmented with personal interviews involving selected global thought leaders and industry experts, the author's narrative focuses on the technical issues that led to the global crisis, but also addresses the human, cultural, and ethical aspects of the events from both sociological and managerial perspectives. The book exposes the root causes and contributes significantly to the debate about the change needed in the banking and finance industries and to supervisory frameworks and regulatory mechanisms."--Publisher's website