DOI:

Abstract

As financial intermediaries with their own characteristics, healthy corporate governance in banks is important to stability of the financial system. The recent financial crisis, however, has revealed many shortcomings in corporate governance in banks in crisis-orginated countries. Many researches argue that poor corporate governance in banks is one of main causes of the financial crisis. This paper presents a summary of the main causes of the recent financial crisis and tries to draw useful lessons on this task for Vietnamese banks.

Keywords

Corporate Governance; Risk Management; Banking Supervision.