The Impact of the Global Financial Crisis on Corporate Governance and Executive Pay in the US and the UK - Business Law Review View The Impact of the Global Financial Crisis on Corporate Governance and Executive Pay in the US and the UK by - Business Law Review The Impact of the Global Financial Crisis on Corporate Governance and Executive Pay in the US and the UK 31 11

Financial regulators and governments generally attribute the current global financial crisis to general flaws in corporate governance including incentives-based compensation which induced extreme risk-taking at the expense of long-term corporate financial health. This article analyses the response measures taken through regulatory and self-regulatory reforms and initiatives undertaken in the US and the UK.

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