Corporate Governance and Ethics within Financial Institutions – Coping with a major fault line of the current economy.

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With the last financial crisis in the background, this article examines to what extent an agent’s intrinsic motivation to comply with internalized ethical standards depends on corporate governance mechanisms and principles on the one hand, and on external interventions that might crowd them out on the other hand. We then propose certain ways to alleviate this problem.

Author(s):

elisabeth franco-gressieux    
HEC Montréal
Canada

Bernard Sinclair-Desgagné    
HEC Montréal
Canada