. Furthermore, some of these fi ndings strongly depend on the bank’s legal form, its size and business model, suggesting that both …

-national directors and proportion of their attained education on four different bank risk proxies. We build a unique data set comprising … increase bank risk measured by profit volatility and decrease bank stability captured by Z-score. Similarly, a larger … proportion of directors holding an MBA raises bank riskiness measured by profit volatility. On the other hand, the presence of …

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 …

We develop a theory of bank board risk committees. With this theory, such committees are valuable even though there is … no expectation that bank risk is lower if the bank has a well-functioning risk committee. As predicted by our theory (1 …) many large and complex banks voluntarily chose to have a risk committee before the Dodd-Frank Act forced bank holding …