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This working paper shows that the increased presence of minority directors on the twelve regional Federal Reserve Banks … — the quasi-governmental entities responsible for evaluating many commercial banks’ lending to underserved communities — is …, that some Reserve Districts bifurcate states allows for comparisons of lending postures for commercial banks subject to …
Persistent link: https://www.econbiz.de/10013309368
The corporate governance is main requirement of corporate business in all over the world. It is the system by which companies are directed and controlled. The board of directors consist of the people who are responsible for directing the company towards success keeping in mind various factors....
Persistent link: https://www.econbiz.de/10013008569
Pothers about liability risks for company directors and officers are nothing new in corporate law. The global financial crisis, however, created a unique and unfamiliar commercial matrix in which such concerns were played out. Although Australia fared better than many jurisdictions during the...
Persistent link: https://www.econbiz.de/10012857195
In response to the Sarbanes-Oxley Act and stock exchange regulation, firms are forced to increase their board independence level if they did not satisfy the requirements. This article empirically examines the impact of increased board independence requirements on the governance inputs, board...
Persistent link: https://www.econbiz.de/10013026931
In 2002, President George W. Bush signed the "Sarbanes-Oxley Act” into federal law, which increased the oversight role for independent directors. The induced consequence was that firms which did not satisfy the requirements of the regulation must improve their board independence level. This...
Persistent link: https://www.econbiz.de/10013040606
inquiries is how effectively Boards of directors of Systemically Important Banks (SIBs) provide oversight of management. Having … 'cognitive illusions' or biases that resulted in 'irrational decision-making', by Boards of some of the most important banks in … Banks …
Persistent link: https://www.econbiz.de/10013035045
Using quasi-natural experiments, we study how directors’ relative power or influence modulates the effects of board gender diversity. At low levels of influence, female directors have no significant impact on firm risk-taking and financial performance. However, as their influence increases...
Persistent link: https://www.econbiz.de/10014265131
We study the effect of board governance in state-owned and private banks by undertaking a study of commercial banks in … exhibiting a significant positive correlation with the performance of private banks and a significant but negative correlation … with the performance of state-owned banks. The effect of CEO duality is negative in state-owned banks where incidence of …
Persistent link: https://www.econbiz.de/10011852430
comparative analysis was carried out covering the subsidiary banks in Bulgaria and their parent banks in the euro area on the … identify good practices for parent banks as a consequence of the application of Directive 2013/36/EU (2016) and for the … subsidiary banks - from the transition period toward market economy (1990's). The recommendations address the need for statutory …
Persistent link: https://www.econbiz.de/10012907358
US financial institutions. We found that in Canadian banks risk-taking executive behaviour was moderated by gender … investment banks relative to the overall financial services sector. Our analysis suggests that risk attitudes of female financial …
Persistent link: https://www.econbiz.de/10012859595