세계금융위기 이후 주요국의 금융기관 지배구조

One of the most significant contributors to the american economic downturn was an unraveling of major financial institutions and the lack of adequate regulatory structures to prevent abuse and excess. In recent years, some financial institutions produced a huge variety of new and complex financial instruments. And these products, such as asset-based securities, were designed to spread risk, but unfortunately ended up concentrating risk. An absence of oversight engendered systematic, and systemic, abuse. Instead of reducing risk, the markets actually magnified risks that were being taken by ordinary families and large firms alike. The results were the bursting of a debt-based bubble, the failure of several of the world's largest financial institutions, the deterioration of the economy, the unprecedented intervention of the federal government. So the U.S. administration proposed a financial regulatory reform. And the U.S. Senate and the House of Representatives passed the Dodd-Frank Wall Street Reform and Consumer Protection Act. The UK government tries to review corporate governance in UK banks in the light of the experience of critical loss and failure throughout the banking system. The other advancd countries are in the same situation. The Korean government amended the system concerning the outside director after the global economic crisis. And it tries to enact the consolidated law related to the corporate governance in the financial institutions. IT is necessary to enforce the roles of board of directors in some points. But it is a important issue to consider the particularities among the bank, investment company, insurance firm and etc.