This paper aims to explore the corporate governance ofudbanks in economic crisis and whether poor corporate governance has led to the crisis. The aim of this paper is to demonstrate the complex world of financial regulationudand that corporate governance is just one of the manyudpossible culprits in the economic crisis. The level of financial crisis has been unprecedented and as such the regulatory response has been prolific. The researcher aims to discuss some of the reform proposals to see whether theudtime is right to legislate and whether these areas ofudreform indeed address the facets of the banking sectorudthat need to be fixed.
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