In this paper, we propose a measure of the risk appetite of a bank's ownership structure and investigate whether ownership risk propensity is correlated with performance and default risk. Our indicator, the Risk-Weighted Ownership (RWO), assumes that credit risk is a proxy for the risk appetite...

Purpose – This paper aims to develop a model to assess the effectiveness and compliance of bank boards, taking into account their unique characteristics, financial industry standards and regulations. Design/methodology/approach – The literature on the roles and effectiveness of boards and...