TRAP@NCI

An exploration of the new Code of Corporate Governance for Credit Institutions and Insurance Undertakings in Ireland

Leydon, Barbara (2012) An exploration of the new Code of Corporate Governance for Credit Institutions and Insurance Undertakings in Ireland. Masters thesis, Dublin, National College of Ireland.

[img]
Preview
PDF (Master of Science)
Download (2MB) | Preview

Abstract

In late 2010 the Central Bank of Ireland issued codes of corporate governance for credit institutions and insurance undertakings.This marked a significant development in corporate governance in Ireland being the only country in the EU that did not have its own codes of corporate governance for credit institutions and insurance undertakings.This research has four main areas of investigation. Firstly it assesses the corporate governance of banks in Ireland before the introduction of the new codes. Secondly in light of the financial crisis, it analyses the corporate governance disclosures in annual reports from 2005-2011 to assess how well the banks complied with the previous codes on paper and in practice. Thirdly it analyses the level of compliance with the new code since January 1st 2011. Fourthly it compares the new codes of corporate governance with practices in other countries. The main method used to investigate the research topic is secondary data analysis. This is complemented by primary research involving structured interviews. The findings show serious breaches of corporate governance within banks led to the financial crisis and the annual reports were not were not a true reflection of the governance practices. The research finds faults with the Irish code and makes suggestions for further development.

Item Type: Thesis (Masters)
Subjects: H Social Sciences > HG Finance > Banking
H Social Sciences > HD Industries. Land use. Labor > Large Industry. Corporations. > Corporate Governance
Divisions: School of Business > Masters of Science in Management
Depositing User: CAOIMHE NI MHAICIN
Date Deposited: 10 May 2013 14:30
Last Modified: 10 May 2013 14:36
URI: http://trap.ncirl.ie/id/eprint/775

Actions (login required)

View Item View Item