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Special Issue: Recent Developments in Finance and Banking after the 2008 Crisis

Author

Listed:
  • Nicholas Apergis

    (Business School, Northumbria University, Newcastle upon Tyne, NE1 8ST, UK)

  • James Earl Payne

    (Whitney Bunting College of Business, Georgia College & State University, Milledgeville, GA 31061, USA)

Abstract

The sub-prime financial crisis was not simply the result of excessive leverage and inadequate capital, but it was brewing for some time as a result of a gradual deterioration of business leadership, lapses in governance and in the regulatory framework (particularly in derivatives markets), and an ineffective risk-management framework.[...]

Suggested Citation

  • Nicholas Apergis & James Earl Payne, 2015. "Special Issue: Recent Developments in Finance and Banking after the 2008 Crisis," IJFS, MDPI, vol. 3(2), pages 1-2, May.
    • Handle: RePEc:gam:jijfss:v:3:y:2015:i:2:p:151-152:d:49568
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