Book review: the politics of financial risk, audit and regulation: a case study of HBOS by Atul K. Shah

In The Politics of Financial Risk, Audit and Regulation: A Case Study of HBOS, Atul K. Shah utilises the case of the HBOS collapse of 2008 to critically examine financial regulation by governments and the audit profession. Strongly implicating banking culture and an absence of ethics in the sector in bank failures and wider financial crises, this book is an impassioned and impressively researched call for change, finds Prabhu Sivabalan.