Corporate governance and performance in the largest european listed banks during the financial crisis
Autor(a) principal: | |
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Data de Publicação: | 2013 |
Outros Autores: | , , |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/10400.5/25358 |
Resumo: | This research focuses on the relationship between corporate governance and performance in the largest European listed banks, which have been studied to a lesser extent within this field. The study is based on agency theory and we use a sample of 404 observations referring to 97 banks selected from the annual ranking of the 2,000 biggest companies in the world prepared by Forbes. The paper covers the period from 2006 to 2010, thus, examining the changes in the performance drivers in the recent financial crisis. On the basis of the panel data analysis, we confirm that the variety of governance factors including board size, insider appointed, directors’ age, board meetings and affiliated committees influence the performance of the banks. This paper contributes to a better understanding of the effect of corporate governance on the financial performance of the financial companies in times of high capital market volatility. |
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Corporate governance and performance in the largest european listed banks during the financial crisisCorporate GovernanceBank PerformanceAgency TheoryFinancial CrisisThis research focuses on the relationship between corporate governance and performance in the largest European listed banks, which have been studied to a lesser extent within this field. The study is based on agency theory and we use a sample of 404 observations referring to 97 banks selected from the annual ranking of the 2,000 biggest companies in the world prepared by Forbes. The paper covers the period from 2006 to 2010, thus, examining the changes in the performance drivers in the recent financial crisis. On the basis of the panel data analysis, we confirm that the variety of governance factors including board size, insider appointed, directors’ age, board meetings and affiliated committees influence the performance of the banks. This paper contributes to a better understanding of the effect of corporate governance on the financial performance of the financial companies in times of high capital market volatility.INBAMRepositório da Universidade de LisboaFelício, J. AugustoIvashkovskaya, IrinaRodrigues, RicardoStepanova, Anastasia2022-09-05T08:42:23Z20132013-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.5/25358engFelício, J. Augusto ... [et al.].(2013). “Corporate governance and performance in the largest european listed banks during the financial crisis”. Innovar, Volume 24, No. 53: pp. 83-98.info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-03-06T14:54:55Zoai:www.repository.utl.pt:10400.5/25358Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T17:09:15.082589Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
Corporate governance and performance in the largest european listed banks during the financial crisis |
title |
Corporate governance and performance in the largest european listed banks during the financial crisis |
spellingShingle |
Corporate governance and performance in the largest european listed banks during the financial crisis Felício, J. Augusto Corporate Governance Bank Performance Agency Theory Financial Crisis |
title_short |
Corporate governance and performance in the largest european listed banks during the financial crisis |
title_full |
Corporate governance and performance in the largest european listed banks during the financial crisis |
title_fullStr |
Corporate governance and performance in the largest european listed banks during the financial crisis |
title_full_unstemmed |
Corporate governance and performance in the largest european listed banks during the financial crisis |
title_sort |
Corporate governance and performance in the largest european listed banks during the financial crisis |
author |
Felício, J. Augusto |
author_facet |
Felício, J. Augusto Ivashkovskaya, Irina Rodrigues, Ricardo Stepanova, Anastasia |
author_role |
author |
author2 |
Ivashkovskaya, Irina Rodrigues, Ricardo Stepanova, Anastasia |
author2_role |
author author author |
dc.contributor.none.fl_str_mv |
Repositório da Universidade de Lisboa |
dc.contributor.author.fl_str_mv |
Felício, J. Augusto Ivashkovskaya, Irina Rodrigues, Ricardo Stepanova, Anastasia |
dc.subject.por.fl_str_mv |
Corporate Governance Bank Performance Agency Theory Financial Crisis |
topic |
Corporate Governance Bank Performance Agency Theory Financial Crisis |
description |
This research focuses on the relationship between corporate governance and performance in the largest European listed banks, which have been studied to a lesser extent within this field. The study is based on agency theory and we use a sample of 404 observations referring to 97 banks selected from the annual ranking of the 2,000 biggest companies in the world prepared by Forbes. The paper covers the period from 2006 to 2010, thus, examining the changes in the performance drivers in the recent financial crisis. On the basis of the panel data analysis, we confirm that the variety of governance factors including board size, insider appointed, directors’ age, board meetings and affiliated committees influence the performance of the banks. This paper contributes to a better understanding of the effect of corporate governance on the financial performance of the financial companies in times of high capital market volatility. |
publishDate |
2013 |
dc.date.none.fl_str_mv |
2013 2013-01-01T00:00:00Z 2022-09-05T08:42:23Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/10400.5/25358 |
url |
http://hdl.handle.net/10400.5/25358 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
Felício, J. Augusto ... [et al.].(2013). “Corporate governance and performance in the largest european listed banks during the financial crisis”. Innovar, Volume 24, No. 53: pp. 83-98. |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.publisher.none.fl_str_mv |
INBAM |
publisher.none.fl_str_mv |
INBAM |
dc.source.none.fl_str_mv |
reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação instacron:RCAAP |
instname_str |
Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
instacron_str |
RCAAP |
institution |
RCAAP |
reponame_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
collection |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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