This study offers insight into the role of board politicization on the Spanish cajas' performance from a dual perspective. First, we analyze the effect of a new kind of political directors who occupy board seats as representatives of stakeholders outside the public administrations while...

This study offers insight into the role of board politicization on the Spanish cajas’ performance from a dual perspective.First, we analyze the effect of a new kind of political directors who occupy board seats as representatives of stakeholders outside the public administrations while...