Understanding Corporate Governance in the Financial Sector through Multiple -Theory : - A study of SFSA disciplinary cases towards financial organizations

• Main Authors: Cetin, Nergiz, Boström, Emmeli
• Format: Others
• Language: English
• Published: Uppsala universitet, Företagsekonomiska institutionen 2012
• Subjects: Corporate governance; financial market; Swedish Financial Supervisory Authority (SFSA); multiple-theory; agency theory; stakeholder theory; resource dependency theory; stewardship theory.
• Online Access: http://urn.kb.se/resolve?urn=urn:nbn:se:uu:diva-179521

Purpose: Understand different needs for accountability and governance among financial firms,based on environmental and structural factors. Design/methodology/approach: By using disciplinary reports published by SFSA the interpretation of corporate governance regulation will be studied. Findings: The study identified important corporate governance factors which can be explained and understood by analyzing through the multiple-theory. Complex environmental aspects, such as regulations and multiple stakeholders, demands for extensive internal and external controls. However, the aspect of knowledge does not seem to be fully explained by previous studies. Originality/value: The result could be a contribution to further discussions on how regulations can develop. Moreover, the result can add empirical data to further develop the multiple-theory.