Corporate governance framework and practice in Albanian banking sector

In this paper, we thoroughly analyse the corporate governance practices and its legal framework in the Albanian banking sector. Issues of “gaps” between banking regulation and corporate governance have recently remerged, once the global financial crisis exposed the flaws of past decade’s deregulation process in developed countries. In transition economies, these gaps are outcomes of transition challenges mostly related to the rule of law consolidation, ownership structure and professional and institutional capacities.