Abstract
Recently any difficulty a financial institution found itself in seems to have been blamed on the global financial crisis. This paper, employing forensic case study analysis of finance companies in New Zealand rebuts this excuse. Instead, it is argued the large number of failures in New Zealand finance companies in the last four years was due to a failure of regulation and corporate governance, occurring well ahead of the global financial crisis.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have