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The analysis of the factors of corporate governance is divided into four thematic sections. In the first part corporate governance is defined as part of the broader economic context. The second part deals with the principles of corporate governance. In the third part, the relation between the...
Persistent link: https://www.econbiz.de/10012428295
We investigate the governance sensitivity of foreign institutional investors' (FII) ownership in a large emerging market setting of India, characterized by highly concentrated insider ownership. More specifically, we focus on the moderating role of firm size and price to book value (PB) in...
Persistent link: https://www.econbiz.de/10012219254
Purpose: This paper investigates the level of voluntary compliance with, and disclosure of, corporate governance best practices, and the extent to which board characteristics and shareholding structures can explain discernible differences in the level of voluntary corporate governance disclosure...
Persistent link: https://www.econbiz.de/10012921856
Using the Ordinary Least Square (OLS) estimation technique based on a sample of 180 listed firms from 2008 to 2018, this study investigates the impact of institutional ownership on firm performance in the Bangladeshi setting. Consistent with the "active monitoring" view, the results indicate...
Persistent link: https://www.econbiz.de/10014284398
Persistent link: https://www.econbiz.de/10012829887
the relationship between board structure (size and composition) and bank performance, as well as some determinants of … board structure. We document that mergers and acquisitions activity influences bank board composition, and we provide new … evidence that organizational structure is significantly related to bank board size. We argue that these factors may explain why …
Persistent link: https://www.econbiz.de/10003781557
characteristics (size, composition and functioning of the board) and analyze their impacts on bank performance and bank asset quality … positive impacts on both bank performance and asset quality while bank size has a significantly negative impact on bank … performance. We find new evidence that the degree of bank boards' political connection is negatively correlated with bank …
Persistent link: https://www.econbiz.de/10013083271
and bank profitability, while the proportion of independent directors on the board is negatively, but insignificantly … related to bank profitability. Impact of ownership concentration on bank profitability is negative, but weak. We also find … that privately held domestic banks outperform state-owned and foreign banks. Important factors influencing bank …
Persistent link: https://www.econbiz.de/10013004384
India that has both bank groups. Covering a ten-year period from 2003 to 2012 that witnessed a large number of governance … CEO duality is high. We find that a longer CEO tenure has significant positive effects on bank outcomes with these effects …
Persistent link: https://www.econbiz.de/10011852430
This paper analyzes how ownership concentration and managerial incentives influences bank risk for a large sample of US … positive total effect on bank risk. This is the result of a positive direct effect, which reflects monitoring and opportunistic … shareholder preferences toward risk. Large shareholders reduce bank risk by reducing the sensitivity of CEO wealth to stock …
Persistent link: https://www.econbiz.de/10013030722