We study the effect of board governance in state-owned and private banks by undertaking a study of commercial banks in India that has both bank groups. Covering a ten-year period from 2003 to 2012 that witnessed a large number of governance reforms in India, the results of our empirical analysis...

We evaluate changes in system-wide information transmission following US and European bank M&A. We generalize Granger causality network measures to consider spillover channels in the mean, volatility, and tail risk, each capturing a unique form of systemic risk transmission between acquirers and...

Recent studies indicate that lending portfoliocomposition in Islamic banks is concentrated towardsdebt-based lending portfolio; however, the ideal lending portfoliocomposition in Islamic banks should be an equity-based lending portfolio. This article explores the effects of the internal...

This paper investigates the association between board of director (BOD) structures and CEO equity-based compensation (long-term incentive) for commercial banks (conventional and Islamic banks) in MENA countries. Specifically, we take board size and board independence to measure the board...

This paper explores the link between systemic risk and firm value gain in the context of bank acquisitions. We find that bank acquisitions on average lead to an increase in acquires' systemic risk (a public cost), which is in turn associated with an increase in firm value (a private benefit) for...