Board Effectiveness in the European Banking Industry
| Autor: | Bersant Hobdari, Ilduara Busta |
|---|---|
| Jazyk: | angličtina |
| Rok vydání: | 2015 |
| Předmět: |
media_common.quotation_subject
Non-executive directors Accounting Firm performance Banks Financial performance Germany Board effectiveness UK media_common Corporate governance business.industry Board size Bank performance Independence Banking industry United Kingdom Europe Board of directors Board independence Italy Spain Business France |
| Zdroj: | International Journal of Corporate Governance. 6(1):25-41 |
| ISSN: | 1754-3045 1754-3037 |
| DOI: | 10.1504/IJCG.2015.069758 |
| Popis: | The existence of different optimal governance structures across industries is often cited as the reason for the lack of a significant relationship between firms' board of directors and financial performance. We provide evidence of the nature of the relationship between the size and independence of the board and directors and financial performance in banking by allowing for separate behaviours under different institutional settings. Using a panel dataset of listed banks in France, Germany, Italy, Spain and the UK, we show that banks with higher presence of non-executives in their boards perform better in Continental Europe, while the opposite is the case in the UK. Bank size though does not seem to impact bank performance. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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