Narrow search
Showing 1 - 10 of 666
Cover Image
Governance and performance of Tunisian banks
Trabelsi, Mohamed Ali - Volkswirtschaftliche Fakultät, … - 2009
researchers pay a particular attention to banking governance. Specifically, shareholders-managers’ convergence of interests and … negative effect on performance. The results also reveal that managers lack control while the board of directors seems to exert …
Persistent link: https://www.econbiz.de/10008694021
Cover Image
Board of directors’ composition and financing choices
Alves, Paulo; Couto, Eduardo; Francisco, Paulo - Volkswirtschaftliche Fakultät, … - 2014
Building on the pecking order theory of Myers and Majluf, (1984) and Myers (1984), the present study empirically analyses the association between the board of directors’ composition and firm financing policies. Particularly, the fraction of independent directors on the board, the fraction of...
Persistent link: https://www.econbiz.de/10011260532
Cover Image
Banks’ centrality in corporate interlock networks: evidences in Italy
Farina, Vincenzo - Volkswirtschaftliche Fakultät, … - 2008
The idea that the governance mechanisms affect firms’ performance is well acknowledged in management literature. The settings prevailing in governance studies explain board’s roles at the light of the agency theory framework. However, a complementary perspective is focused on the acquisition...
Persistent link: https://www.econbiz.de/10005837017
Cover Image
Propiedad, gobierno corporativo y las estrategias de diversificación de las empresas mexicanas: Un estudio exploratorio
Steinwascher, William - Volkswirtschaftliche Fakultät, … - 2007
The objective of this paper is to study the existing relations among ownership, corporate governance, and strategies of diversification of Mexican firms. The information corresponds to a sample of 99 non-financed companies listed in the BMV (Mexican Stock Exchange) in 2004. The study of property...
Persistent link: https://www.econbiz.de/10005837323
Cover Image
An Empirical Analysis on Board Monitoring Role and Loan Portfolio Quality Measurement in Banks
Stefanelli, Valeria; Matteo, Cotugno - Volkswirtschaftliche Fakultät, … - 2010
This paper aims to analyze the effectiveness of the board monitoring role on specific loan portfolio quality measures in banks (default rate, recovery rate and provisioning rate). We use a sample comprises a totality of Italian-based banks, listed at Borsa Italiana SpA in 2006-2008 and a number...
Persistent link: https://www.econbiz.de/10008873561
Cover Image
The effect of board structure on firm value: a multiple identification strategies approach using Korean data
Black, Bernard; Kim, Woochan - Volkswirtschaftliche Fakultät, … - 2011
Outside directors and audit committees are widely considered to be central elements of good corporate governance. We use a 1999 Korean law as an exogenous shock to assess how board structure affects firm market value. The law mandates 50% outside directors and an audit committee for large public...
Persistent link: https://www.econbiz.de/10011110403
Cover Image
Operational Risk Governance: The Basel Approach
Afanasyeva, Olga; Riabichenko, Dmitry - Volkswirtschaftliche Fakultät, … - 2014
This paper analyses key documents of Basel Committee which concern operational risk governance and identifies the interconnectedness between risk source, type of the event leading to losses, loss type and its distribution by business lines. The comparative characteristic of the main operational...
Persistent link: https://www.econbiz.de/10011111915
Cover Image
Evaluating the board of directors of financial intermediaries: competencies, effectiveness and performance
Carretta, Alessandro; Farina, Vincenzo; Schwizer, Paola - Volkswirtschaftliche Fakultät, … - 2006
This paper proposes a model for analysing the effectiveness of boards of directors of financial intermediaries. The European Union recommends that companies in the Member States annually evaluate the performance of their boards. The degree of effectiveness of a board should be appreciated taking...
Persistent link: https://www.econbiz.de/10005790354
Cover Image
Corporate governance, market competition and investment decisions in Mexican manufacturing firms
Ruiz-Porras, Antonio; Lopez-Mateo, Celina - Volkswirtschaftliche Fakultät, … - 2011
We study how competition and corporate governance may explain investment decisions of Mexican manufacturing firms. We … census data. Our results suggest that investment is better explained by the Dominance Index, a Mexican measure of … ownership and control), and market competition may encourage investment decisions. Furthermore they suggest an inverse …
Persistent link: https://www.econbiz.de/10008804693
Cover Image
Gender Diversity in the Boardroom and Financial Performance of Commercial Banks: Evidence from Bangladesh
Dutta, Probal; Bose, Sudipta - Volkswirtschaftliche Fakultät, … - 2007
In today’s corporate world, board diversity is a much talked-about topic and gender diversity is an important aspect of board diversity. Gender diversity refers to the presence of women on corporate boards of directors. In this paper, an effort has been made to examine whether an association...
Persistent link: https://www.econbiz.de/10005619663