Bank Governance Structures and Risk Taking
©2016
Thesis
216 Pages
Series:
Corporate Finance and Governance, Volume 18
Summary
The book sheds light on two closely related and highly relevant governance themes: the composition of supervisory boards and financial expertise as well as ownership structure. The author focuses on the financial expertise of supervisory boards and its impact on performance and risk. He analyses how supervisory boards are composed and how much financial expertise their members have, assesses the impact of financial expertise on a banks’ risk-return profiles and investigates if financial expertise in internal bank governance contributes to more stability and less risk taking in banking. Finally, he examines the effects of the ownership structure on credit risk. He finds that banks with a more concentrated ownership structure tend to behave riskier, which is indicated by larger CDS spreads.
Excerpt
Table Of Contents
- Cover
- Title
- Copyright
- About the author(s)/editor(s)
- About the book
- This eBook can be cited
- Table of Contents
- List of Tables
- List of Abbreviations
- List of Symbols
- I Introduction
- II The Manifest Financial Expertise of Supervisory Board Members of German Regional Banks
- II.1 Introduction
- II.2 Introduction to German Banking Sector and Legal Backdrop
- II.3 Research Methodology
- II.4 Data set
- II.5 Empirical Analysis
- II.6 Concluding Remarks
- II.7 Appendix
- III Impact of Supervisory Board Members’ Professional Background on Regional Banks’ Risk-Taking
- III.1 Introduction
- III.2 Related Literature
- III.3 Data and Methodology
- III.3.1 Sample and Data
- III.3.2 Hypotheses and Model
- III.3.3 Financial Expertise
- III.3.4 Measurement of Performance and Risk
- III.3.5 Control Variables
- III.4 Results
- III.4.1 Summary Statistics
- III.4.2 Regression Results
- III.4.3 Robustness Checks
- III.5 Concluding Remarks
- III.6 Appendix
- IV Bank Governance Structures, Financial Expertise of Supervisory Board Members, Overconfidence, and Bank Risk Taking
- IV.1 Introduction
- IV.2 Literature Review
- IV.3 Data set and Methodology
- IV.3.1 Sample and Data set
- IV.3.2 Hypotheses and Model
- IV.3.3 Financial Expertise
- IV.3.4 Measurement of Risk and Return
- IV.3.5 Control Variables
- IV.4 Results
- IV.4.1 Summary Statistics
- IV.4.2 Regression Results
- IV.4.3 Robustness Checks
- IV.5 Concluding Remarks
- IV.6 Appendix
- V CDS and Bank Ownership Structures: Does the Credit Side Show Who Advocates More Risk?
- V.1 Introduction
- V.2 Related Literature
- V.3 Data and Methodology
- V.3.1 Sample and Data
- V.3.2 Ownership Concentration
- V.3.3 Measurement of Credit Risk
- V.3.4 Control Variables
- V.3.5 Model
- V.4 Results
- V.4.1 Summary Statistics
- V.4.2 Regression Results
- V.5 Concluding Remarks
- V.6 Appendix
- VI Main Concluding Remarks
- References
Details
- Pages
- 216
- Publication Year
- 2016
- ISBN (PDF)
- 9783653062359
- ISBN (MOBI)
- 9783653960099
- ISBN (ePUB)
- 9783653960105
- ISBN (Softcover)
- 9783631667132
- DOI
- 10.3726/978-3-653-06235-9
- Language
- English
- Publication date
- 2015 (November)
- Keywords
- Financial Expertise Overconfidence Cooperative Bank Savings Banks Ownership Concentration
- Published
- Frankfurt am Main, Berlin, Bern, Bruxelles, New York, Oxford, Wien, 2015. 216 pp., 36 tables
- Product Safety
- Peter Lang Group AG