Does corporate governance explain the quality of bank loan portfolios?
| Autor: | Emmanuel Sarpong-Kumankoma, Vera Ogeh Fiador |
|---|---|
| Rok vydání: | 2020 |
| Předmět: |
Economics and Econometrics
050208 finance Gender diversity business.industry Corporate governance media_common.quotation_subject Asset quality 05 social sciences Accounting 050201 accounting Corporate finance Loan 0502 economics and business Economics Quality (business) business Non-performing loan Emerging markets Finance media_common |
| Zdroj: | Journal of Financial Economic Policy. 13:31-44 |
| ISSN: | 1757-6385 |
| DOI: | 10.1108/jfep-06-2019-0130 |
| Popis: | PurposeThe purpose of this study is to assess the impact of corporate governance variables on the quality of bank loan portfolios.Design/methodology/approachThe study used a panel-corrected standard errors estimation model with the most recent 11-year data from 2006 to 2016 on selected Ghanaian banks.FindingsThe findings indicate that corporate governance is relevant within the banking sector and plays a key role in improving loan quality. Having a large board with the attendant pool of expertize, boards with mostly non-executive members and duality of the CEO-board chair can be harnessed to improve bank loan quality. Female participation on boards seems to detract from good performance, creating the impression of tokenism in the Ghanaian banking sector.Originality/valueThe study has important implications for board construction within the banking sector and the discourse on bank asset quality. |
| Databáze: | OpenAIRE |
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