14:00 - 15:00
Frankel Leó út 30-34. Rm 101
Grant Kirkpatrick was until recently the head and deputy head of the OECDs Corporate Affairs department. He has covered the international financial crisis, (including working with the FSB) and has written about corporate governance issues more generally, including subsidiary governance, related party transactions and executive salaries. The past 20 plus years have been spent with the OECD in various fields with a fair proportion of that time looking at the CEE economies.
About the lecture:
Following new corporate scandals it is easy to blame corporate governance, almost by definition. Is this a correct diagnosis? What can or should be done?
Major points of the lecture:
- A short history of fraud, corporate failure and scandals in these and other cases.
- How are they related to corporate governance: the general corporate governance framework of OECD/G20
- But corporate governance arrangements also depend on company type and so are country dependent: groups, subsidiary, controlled companies, state owned companies etc.
- Fads and fancies in corporate governance: salaries, separating chair and CEO, too much or too little stakeholder power
- More regulation? Evolving ideas on risk management and standards.
- What can we expect in Europe and Hungary in particular.