Showing 1 - 10 of 1,011
Purpose - The need for robust governance standards in financial institutions requires no overemphasis. However …, instances of governance failures have been a recurring global phenomenon. This paper examines the key elements of governance in … financial institutions, evaluates reasons for failures and suggests ways to strengthen governance and prevent such failures …
Persistent link: https://www.econbiz.de/10014449757
The paper investigates the determinants of bank board structure in Ghana and finds that the Scope of Operations Hypothesis could explain the variation in board size but not board independence. On the other hand, the Board Monitoring Hypothesis could only explain the variation in board...
Persistent link: https://www.econbiz.de/10013113744
We examine the relation between organizational structure (public vs private) and managerial turnover in a large sample of U.S. offered mutual funds. Consistent with the hypothesis that publicly traded firms focus more on shorter term performance, we find that public sponsors are more sensitive...
Persistent link: https://www.econbiz.de/10013070669
Among the main issues surround corporate governance in Islamic banking is that dealing with the role of Sharī …
Persistent link: https://www.econbiz.de/10013072700
Using a large sample of Chinese firms, we examine performance differences between firms with female and male chairs and the channels through which such differences arise. After controlling for the presence of female CEOs and non-chair female directors, we find that chairwoman firms perform...
Persistent link: https://www.econbiz.de/10012897552
Prior SEC inquiries concerning self-dealing in securities lending programs suggest potential conflicts of interest when funds employ lending agents that are affiliated with their sponsor. We posit that the level of self-dealing is potentially greater, and mutual funds' securities lending returns...
Persistent link: https://www.econbiz.de/10012975688
The recent surge in the use of team-managed funds in the mutual fund industry suggests that the benefits of team management might outweigh its costs. However, extant empirical evidence is not consistent with the view that team managed funds generate superior returns relative to individual...
Persistent link: https://www.econbiz.de/10013007572
Capital Requirements Directive (CRD IV), tackles, amongst other things, the perceived pre-crisis failings in the governance of …
Persistent link: https://www.econbiz.de/10013056692
We examine the link between the genetic diversities of executive board members and bank financial misconduct. The premise is that genetic diversity results in different perspectives, skills, and abilities that impact on the effectiveness of executive board guidance and monitoring, including with...
Persistent link: https://www.econbiz.de/10013236093
We identify a sample of firms with directors employed by institutional investors and examine the effect of a direct channel of institutional monitoring. Using difference-in-differences tests, we find weak evidence that institutional directors have a positive effect on informational efficiency....
Persistent link: https://www.econbiz.de/10013245045