The impact of corporate governance and organizational ambidexterity in performance: Evidence from European banks

Detalhes bibliográficos
Autor(a) principal: Pereira, Gonçalo Filipe Mendes
Data de Publicação: 2021
Tipo de documento: Dissertação
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10071/24460
Resumo: The banking sector in Europe has met several changes during the latest decade, which brought to light new subjects into the field of banking management. On one hand, the change in regulations caused corporate governance to become a recurring topic to address agency problems arising from misaligned objectives. On the other hand, progress and innovation made banks rethink their strategies, with organizational ambidexterity gaining popularity as a strategic approach to gain competitive advantage in a dynamic environment. In this study, we sought to investigate the role of the two subjects mentioned above in achieving a superior financial performance. Our results demonstrate that whilst there seems to be a positive effect of relative exploration on ROA, the conclusions regarding the corporate governance mechanisms are mixed: we did not find a significant influence of the ESG score on performance, but we did find that board characteristics have an effect on ROA. Additionally, our research contributes to the rather unexplored theme on whether there is a connection between organizational ambidexterity and corporate governance, which did not yield statistically significant results.
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spelling The impact of corporate governance and organizational ambidexterity in performance: Evidence from European banksBanca -- BankingCorporate governanceOrganizational ambidexterityPerformanceAmbidestria organizacionalThe banking sector in Europe has met several changes during the latest decade, which brought to light new subjects into the field of banking management. On one hand, the change in regulations caused corporate governance to become a recurring topic to address agency problems arising from misaligned objectives. On the other hand, progress and innovation made banks rethink their strategies, with organizational ambidexterity gaining popularity as a strategic approach to gain competitive advantage in a dynamic environment. In this study, we sought to investigate the role of the two subjects mentioned above in achieving a superior financial performance. Our results demonstrate that whilst there seems to be a positive effect of relative exploration on ROA, the conclusions regarding the corporate governance mechanisms are mixed: we did not find a significant influence of the ESG score on performance, but we did find that board characteristics have an effect on ROA. Additionally, our research contributes to the rather unexplored theme on whether there is a connection between organizational ambidexterity and corporate governance, which did not yield statistically significant results.Ao longo da última década, o sector bancário europeu enfrentou diversas mudanças, que contribuíram para o surgimento de novos temas no âmbito da gestão bancária. Por um lado, as alterações na regulação em vigor fizeram com que a corporate governance se tornasse num tópico recorrente para fazer face aos problemas causados por objectivos desalinhados. Por outro lado, o progresso e a inovação fizeram com que os bancos repensassem as suas estratégias, tendo, por sua vez, facilitado a popularização da ambidestria organizacional como uma abordagem estratégica com vista a obter uma vantagem competitiva num ambiente dinâmico. Neste estudo, procurámos investigar o papel que os dois tópicos supramencionados desempenham em atingir uma performance financeira superior. Os resultados obtidos, demonstraram que, enquanto que aparenta existir uma relação entre a relative exploration e o ROA, as conclusões sobre os mecanismos de corporate governance são ambíguas. Não foi encontrada uma influência significativa por parte da pontuação de ESG na performance, no entanto, as características do conselho de administração mostraram ter um efeito no ROA. Adicionalmente, este estudo contribui para o tópico da possível relação entre a ambidestria organizacional e a corporate governance, para os quais não obtivemos resultados estatisticamente significativos.2023-11-24T00:00:00Z2021-11-24T00:00:00Z2021-11-242021-09info:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisapplication/pdfhttp://hdl.handle.net/10071/24460TID:202836240engPereira, Gonçalo Filipe Mendesinfo: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:RCAAP2023-12-03T01:17:42Zoai:repositorio.iscte-iul.pt:10071/24460Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T22:15:03.302146Repositório 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 The impact of corporate governance and organizational ambidexterity in performance: Evidence from European banks
title The impact of corporate governance and organizational ambidexterity in performance: Evidence from European banks
spellingShingle The impact of corporate governance and organizational ambidexterity in performance: Evidence from European banks
Pereira, Gonçalo Filipe Mendes
Banca -- Banking
Corporate governance
Organizational ambidexterity
Performance
Ambidestria organizacional
title_short The impact of corporate governance and organizational ambidexterity in performance: Evidence from European banks
title_full The impact of corporate governance and organizational ambidexterity in performance: Evidence from European banks
title_fullStr The impact of corporate governance and organizational ambidexterity in performance: Evidence from European banks
title_full_unstemmed The impact of corporate governance and organizational ambidexterity in performance: Evidence from European banks
title_sort The impact of corporate governance and organizational ambidexterity in performance: Evidence from European banks
author Pereira, Gonçalo Filipe Mendes
author_facet Pereira, Gonçalo Filipe Mendes
author_role author
dc.contributor.author.fl_str_mv Pereira, Gonçalo Filipe Mendes
dc.subject.por.fl_str_mv Banca -- Banking
Corporate governance
Organizational ambidexterity
Performance
Ambidestria organizacional
topic Banca -- Banking
Corporate governance
Organizational ambidexterity
Performance
Ambidestria organizacional
description The banking sector in Europe has met several changes during the latest decade, which brought to light new subjects into the field of banking management. On one hand, the change in regulations caused corporate governance to become a recurring topic to address agency problems arising from misaligned objectives. On the other hand, progress and innovation made banks rethink their strategies, with organizational ambidexterity gaining popularity as a strategic approach to gain competitive advantage in a dynamic environment. In this study, we sought to investigate the role of the two subjects mentioned above in achieving a superior financial performance. Our results demonstrate that whilst there seems to be a positive effect of relative exploration on ROA, the conclusions regarding the corporate governance mechanisms are mixed: we did not find a significant influence of the ESG score on performance, but we did find that board characteristics have an effect on ROA. Additionally, our research contributes to the rather unexplored theme on whether there is a connection between organizational ambidexterity and corporate governance, which did not yield statistically significant results.
publishDate 2021
dc.date.none.fl_str_mv 2021-11-24T00:00:00Z
2021-11-24
2021-09
2023-11-24T00:00:00Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/masterThesis
format masterThesis
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10071/24460
TID:202836240
url http://hdl.handle.net/10071/24460
identifier_str_mv TID:202836240
dc.language.iso.fl_str_mv eng
language eng
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dc.format.none.fl_str_mv application/pdf
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
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collection Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
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