Board Effectiveness in the European Banking Industry

Ilduara Busta, Bersant Hobdari

    Publikation: Bidrag til tidsskriftTidsskriftartikelForskningpeer review

    Resumé

    The existence of different optimal governance structures across industries is often cited as the reason for the lack of a significant relationship between firms' board of directors and financial performance. We provide evidence of the nature of the relationship between the size and independence of the board and directors and financial performance in banking by allowing for separate behaviours under different institutional settings. Using a panel dataset of listed banks in France, Germany, Italy, Spain and the UK, we show that banks with higher presence of non-executives in their boards perform better in Continental Europe, while the opposite is the case in the UK. Bank size though does not seem to impact bank performance.
    OriginalsprogEngelsk
    TidsskriftInternational Journal of Corporate Governance
    Vol/bind6
    Udgave nummer1
    Sider (fra-til)25-41
    ISSN1754-3037
    DOI
    StatusUdgivet - 2015

    Bibliografisk note

    CBS Bibliotek har ikke adgang til materialet

    Emneord

    • Corporate governance
    • Board size
    • Board independence
    • Banks
    • Europe
    • Board effectiveness
    • Banking industry
    • Board of directors
    • Firm performance
    • Financial performance
    • France
    • Germany
    • Italy
    • Spain
    • UK
    • United Kingdom
    • Non-executive directors
    • Bank performance

    Citer dette

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    Board Effectiveness in the European Banking Industry. / Busta, Ilduara; Hobdari, Bersant.

    I: International Journal of Corporate Governance, Bind 6, Nr. 1, 2015, s. 25-41.

    Publikation: Bidrag til tidsskriftTidsskriftartikelForskningpeer review

    TY - JOUR

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    KW - Board size

    KW - Board independence

    KW - Banks

    KW - Europe

    KW - Board effectiveness

    KW - Banking industry

    KW - Board of directors

    KW - Firm performance

    KW - Financial performance

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    KW - Germany

    KW - Italy

    KW - Spain

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