nvestment banks’ risk-taking behaviour was the main cause of the financial crash of 2008. Discuss and critically analyse the explanations for such behaviour. In answering this question, relate your discussion to the literature covered in the lectures.

Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter10: Auditing Cash, Marketable Securities, And Complex Financial Instruments
Section: Chapter Questions
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Investment banks’ risk-taking behaviour was the main cause of the financial crash of 2008. Discuss and critically analyse the explanations for such behaviour. In answering this question, relate your discussion to the literature covered in the lectures. .( excluding the graph if any used)

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