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Control Systems for Banks in Global Markets
Author(s) -
Monica Baraldi
Publication year - 2008
Publication title -
symphonya emerging issues in management
Language(s) - English
Resource type - Journals
eISSN - 1593-0319
pISSN - 1593-0300
DOI - 10.4468/2008.2.07baraldi
Subject(s) - flexibility (engineering) , corporate governance , control (management) , work (physics) , internal control , business , management control system , face (sociological concept) , product (mathematics) , reflection (computer programming) , risk analysis (engineering) , capital (architecture) , industrial organization , economic system , economics , management , engineering , computer science , finance , sociology , social science , archaeology , history , programming language , mechanical engineering , geometry , mathematics
A few authors underlie the necessity to promote a new ‘capitalistic ethic’ and to face the governance and control systems of organizations and institutions that work within the capital markets. Internal control systems are considered the product of deep reflection of governance: it represents the bases of a wide evaluation for the single operative instruments and for the general culture of the risk control. This contribution intends to bring out the role of the central institutions in the creation of the flexibility and the necessary environment to develop control instruments oriented towards the prevention and management of risk

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