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Corporate Governance in the Banking Sector
Af: Alessandro Santoni, Bruno Buchetti Engelsk Hardback
SPAR
kr 320
Corporate Governance in the Banking Sector
Af: Alessandro Santoni, Bruno Buchetti Engelsk Hardback

This book gives an overview of the most important theories on Corporate Governance, investigating the myth and the reality of it. It argues that within the banking sector exist two new agency costs (i.e., bank depositors and shareholders vs. directors and bank depositors vs. shareholders and directors). These agency problems are difficult to reduce for two reasons. First, banks are complex and opaque. Second, government implicit guarantees and the deposit insurance systems reduce the monitoring of depositors.

This book also takes a deep dive into research on CG in the banking sector via a unique and innovative literature review covering the time period between 2000-2020. It finds that some specific CG characteristics affect banks: risk appetite, performance, accounting quality, compensation and corporate social responsibility disclosure.

Furthermore, this publication contends that institutional investors are changing CG for the better, describing how major financial markets factors such as rating agencies and sell-side financial analysts make CG visible. Additionally, it investigates how managerial biases and irrational investors can affect CG negatively, leading to company distress.

All-in-all, this book makes a threefold contribution: for regulators, it offers suggestions on how to improve banks'' supervision; for researchers, it suggests new research topics; and for practitioners, it connects CG theory with real cases of CG failure.

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This book gives an overview of the most important theories on Corporate Governance, investigating the myth and the reality of it. It argues that within the banking sector exist two new agency costs (i.e., bank depositors and shareholders vs. directors and bank depositors vs. shareholders and directors). These agency problems are difficult to reduce for two reasons. First, banks are complex and opaque. Second, government implicit guarantees and the deposit insurance systems reduce the monitoring of depositors.

This book also takes a deep dive into research on CG in the banking sector via a unique and innovative literature review covering the time period between 2000-2020. It finds that some specific CG characteristics affect banks: risk appetite, performance, accounting quality, compensation and corporate social responsibility disclosure.

Furthermore, this publication contends that institutional investors are changing CG for the better, describing how major financial markets factors such as rating agencies and sell-side financial analysts make CG visible. Additionally, it investigates how managerial biases and irrational investors can affect CG negatively, leading to company distress.

All-in-all, this book makes a threefold contribution: for regulators, it offers suggestions on how to improve banks'' supervision; for researchers, it suggests new research topics; and for practitioners, it connects CG theory with real cases of CG failure.

Produktdetaljer
Sprog: Engelsk
Sider: 163
ISBN-13: 9783030975746
Indbinding: Hardback
Udgave:
ISBN-10: 3030975746
Udg. Dato: 12 maj 2022
Længde: 16mm
Bredde: 242mm
Højde: 163mm
Oplagsdato: 12 maj 2022
Forfatter(e) Alessandro Santoni, Bruno Buchetti


Kategori Virksomhedsøkonomi


Sprog Engelsk


Indbinding Hardback


Sider 163


Udgave


Længde 16mm


Bredde 242mm


Højde 163mm


Udg. Dato 12 maj 2022


Oplagsdato 12 maj 2022

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