IDEAS home Printed from https://ideas.repec.org/h/spr/sprchp/978-981-19-1400-3_3.html
   My bibliography  Save this book chapter

Financial Derivatives: Generals, Board Roles and Scandals

In: Board Directors, Financial Derivatives, and Corporate Governance: The Case of Vietnam

Author

Listed:
  • Tran Thi Hong Lien

    (Vietnam National University—Ho Chi Minh City)

Abstract

How are directors’ competencies called on in decisions on financial derivatives? To answer this, this chapter summarises the nature of financial derivatives and their necessity for business, and consider directors’ knowledge of these instruments. For boards to be effective, board members need to be competent, but it is impossible to ensure that all directors on a board are similarly competent about all issues at hand. However, to make effective judgements, directors at least need to be informed fully about the critical issues. Financial derivatives are controversial but are attractive to businesses in many nations. The weaknesses of boards in general and directors in particular in dealing with derivatives are common in developed markets and have been exposed to the public in notorious scandals in a single company, in a single country and in nations.

Suggested Citation

  • Tran Thi Hong Lien, 2022. "Financial Derivatives: Generals, Board Roles and Scandals," Springer Books, in: Board Directors, Financial Derivatives, and Corporate Governance: The Case of Vietnam, chapter 0, pages 53-71, Springer.
    • Handle: RePEc:spr:sprchp:978-981-19-1400-3_3
    DOI: 10.1007/978-981-19-1400-3_3
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:sprchp:978-981-19-1400-3_3. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.