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Governance and performance of Tunisian banks

Trabelsi, Mohamed Ali - Volkswirtschaftliche Fakultät, … - 2009

researchers pay a particular attention to banking governance. Specifically, shareholders-managers’ convergence of interests and …Developing banking standards is an important process for a country’s financial and economic well being. Their … importance incites governments to insure the stability and the good performance of their banking systems. Accordingly, several …

Persistent link: https://www.econbiz.de/10008694021

Operational Risk Governance: The Basel Approach

Afanasyeva, Olga; Riabichenko, Dmitry - Volkswirtschaftliche Fakultät, … - 2014

This paper analyses key documents of Basel Committee which concern operational risk governance and identifies the interconnectedness between risk source, type of the event leading to losses, loss type and its distribution by business lines. The comparative characteristic of the main operational...

Persistent link: https://www.econbiz.de/10011111915

Horizontal and Vertical Firm Networks, Corporate Performance and Product Market Competition

Bischoff, Oliver - 2015

market competition. In markets with effective competition, horizontal multiple directorships turn out to be an efficient … firms have no significant influence on financial performance, irrespective of the level of competition intensity …

Persistent link: https://www.econbiz.de/10013024843

The effect of board structure on firm value: a multiple identification strategies approach using Korean data

Black, Bernard; Kim, Woochan - Volkswirtschaftliche Fakultät, … - 2011

Outside directors and audit committees are widely considered to be central elements of good corporate governance. We use a 1999 Korean law as an exogenous shock to assess how board structure affects firm market value. The law mandates 50% outside directors and an audit committee for large public...

Persistent link: https://www.econbiz.de/10011110403

Board of directors’ composition and financing choices

Alves, Paulo; Couto, Eduardo; Francisco, Paulo - Volkswirtschaftliche Fakultät, … - 2014

Building on the pecking order theory of Myers and Majluf, (1984) and Myers (1984), the present study empirically analyses the association between the board of directors’ composition and firm financing policies. Particularly, the fraction of independent directors on the board, the fraction of...

Persistent link: https://www.econbiz.de/10011260532

Evaluating the board of directors of financial intermediaries: competencies, effectiveness and performance

Carretta, Alessandro; Farina, Vincenzo; Schwizer, Paola - Volkswirtschaftliche Fakultät, … - 2006

This paper proposes a model for analysing the effectiveness of boards of directors of financial intermediaries. The European Union recommends that companies in the Member States annually evaluate the performance of their boards. The degree of effectiveness of a board should be appreciated taking...

Persistent link: https://www.econbiz.de/10005790354

Banks’ centrality in corporate interlock networks: evidences in Italy

Farina, Vincenzo - Volkswirtschaftliche Fakultät, … - 2008

The idea that the governance mechanisms affect firms’ performance is well acknowledged in management literature. The settings prevailing in governance studies explain board’s roles at the light of the agency theory framework. However, a complementary perspective is focused on the acquisition...

Persistent link: https://www.econbiz.de/10005837017

Propiedad, gobierno corporativo y las estrategias de diversificación de las empresas mexicanas: Un estudio exploratorio

Steinwascher, William - Volkswirtschaftliche Fakultät, … - 2007

The objective of this paper is to study the existing relations among ownership, corporate governance, and strategies of diversification of Mexican firms. The information corresponds to a sample of 99 non-financed companies listed in the BMV (Mexican Stock Exchange) in 2004. The study of property...

Persistent link: https://www.econbiz.de/10005837323

An Empirical Analysis on Board Monitoring Role and Loan Portfolio Quality Measurement in Banks

Stefanelli, Valeria; Matteo, Cotugno - Volkswirtschaftliche Fakultät, … - 2010

, listed at Borsa Italiana SpA in 2006-2008 and a number of accounting proxies to express the loan portfolio quality of a bank … board) in monitoring loan portfolio quality of the bank, with the subsequent damage of the interests of stakeholders. A …

Persistent link: https://www.econbiz.de/10008873561

Interlocking directorates as a thrust substitute: The case of the Italian non-life insurance industry

Carbonai, Davide; Di Bartolomeo, Giovanni - Volkswirtschaftliche Fakultät, … - 2006

the competition with other financial activities; an absence of industry competition cannot thus be compensated by other …

Persistent link: https://www.econbiz.de/10005835457