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Some have suggested that weaknesses in bank corporate governance played a prominent role in the recent financial crisis …, we are able to simultaneously account for the incentives and constraints that influence the major participants in a bank …'s management and oversight. We find that the stock ownership by bank managers, their wealth diversification, the structure of …
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incentives of insiders to expropriate bank resources and promote bank efficiency, and are supposed to have real economic effect …
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This paper presents recent trends in bank ownership across countries and summarizes the evidence regarding the … implications of bank ownership structure for bank performance and competition, financial stability, and access to finance. The … the impact of government bank ownership suggests few benefits, especially for developing countries …
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Banking firms face an industry specific set of agency problems. The heavily regulated nature of the industry alters the shareholder/manger relationship. The scope of market discipline in the industry is severely limited due to regulatory oversight. This article surveys the state of the corporate...
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