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Rethinking Corporate Governance in Financial Institutions social service The rise of authoritarian populismThere are many deep seated reasons for the current financial turmoil but a key factor has undoubtedly been the serious failings within the corporate governance practices of financial institutions. There have been shortcomings in the risk management and incentive structures; the boards supervision was at times weak; disclosure and accounting standards were in some cases inadequate; the institutional investors engagement with management was at times