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This book provides study as to the Financial Crises i.e what were the causes and impact of Financial Crises and what was the role of Financial Institution during the prevailing financial crises? It gives detailed reading about how the Corporate Governance functioned during financial crises? What are the corporate governance reforms adopted by UK and USA to address the financial crises & How effective are the UK Corporate Governance Reforms in the wake of the Global Financial Crises? It also tackles with the study how the other countries (Korea, Japan, Germany, China & Russia) managed to cope with financial crises? It further describes the recommendations as to how the future financial crises can be avoided and what could be the exit strategies to overcome the financial crises while following the lessons learnt from different jurisdictions.