This paper aims to explore the corporate governance of
banks in economic crisis and whether poor corporate governance has led to the crisis. The aim of this paper is to demonstrate the complex world of financial regulation
and that corporate governance is just one of the many
possible culprits in the economic crisis. The level of financial crisis has been unprecedented and as such the regulatory response has been prolific. The researcher aims to discuss some of the reform proposals to see whether the
time is right to legislate and whether these areas of
reform indeed address the facets of the banking sector
that need to be fixed.