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The influence of corporate governance on bank risk during a financial crisis

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Resumo:Using agency theory, we explore the relationship between corporate governance mechanisms and bank risk. We employ panel data analysis to study the 97 largest European listed banks between 2006 and 2010, thereby covering the most recent international financial crisis. The results show that corporate governance mechanisms influence bank risk. During the financial crisis, different governance mechanisms can minimise or accentuate the agency conflict between shareholders and managers. In our model, bank size and G.D.P. per capita also exert a considerable influence.
Autores principais:Felício, J. Augusto
Outros Autores:Rodrigues, Ricardo; Grove, Hugh; Greiner, Adam
Assunto:Corporate Governance Bank Risk Financial Crisis Agency Theory Board of Directors Panel Data
Ano:2018
País:Portugal
Tipo de documento:artigo
Tipo de acesso:acesso aberto
Instituição associada:Universidade de Lisboa
Idioma:inglês
Origem:Repositório da Universidade de Lisboa
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author Felício, J. Augusto
author2 Rodrigues, Ricardo
Grove, Hugh
Greiner, Adam
author2_role author
author
author
author_facet Felício, J. Augusto
Rodrigues, Ricardo
Grove, Hugh
Greiner, Adam
author_role author
contributor_name_str_mv Repositório Científico de Acesso Aberto da ULisboa
country_str PT
creators_json_txt [{\"Person.name\":\"Felício, J. Augusto\"},{\"Person.name\":\"Rodrigues, Ricardo\"},{\"Person.name\":\"Grove, Hugh\"},{\"Person.name\":\"Greiner, Adam\"}]
datacite.contributors.contributor.contributorName.fl_str_mv Repositório Científico de Acesso Aberto da ULisboa
datacite.creators.creator.creatorName.fl_str_mv Felício, J. Augusto
Rodrigues, Ricardo
Grove, Hugh
Greiner, Adam
datacite.date.Accepted.fl_str_mv 2018-01-01T00:00:00Z
datacite.date.available.fl_str_mv 2022-09-02T10:04:22Z
datacite.date.embargoed.fl_str_mv 2022-09-02T10:04:22Z
datacite.rights.fl_str_mv http://purl.org/coar/access_right/c_abf2
datacite.subjects.subject.fl_str_mv Corporate Governance
Bank Risk
Financial Crisis
Agency Theory
Board of Directors
Panel Data
datacite.titles.title.fl_str_mv The influence of corporate governance on bank risk during a financial crisis
dc.contributor.none.fl_str_mv Repositório Científico de Acesso Aberto da ULisboa
dc.creator.none.fl_str_mv Felício, J. Augusto
Rodrigues, Ricardo
Grove, Hugh
Greiner, Adam
dc.date.Accepted.fl_str_mv 2018-01-01T00:00:00Z
dc.date.available.fl_str_mv 2022-09-02T10:04:22Z
dc.date.embargoed.fl_str_mv 2022-09-02T10:04:22Z
dc.format.none.fl_str_mv application/pdf
dc.identifier.none.fl_str_mv http://hdl.handle.net/10400.5/25346
dc.language.none.fl_str_mv eng
dc.publisher.none.fl_str_mv Taylor & Francis Group
dc.rights.none.fl_str_mv http://purl.org/coar/access_right/c_abf2
dc.subject.none.fl_str_mv Corporate Governance
Bank Risk
Financial Crisis
Agency Theory
Board of Directors
Panel Data
dc.title.fl_str_mv The influence of corporate governance on bank risk during a financial crisis
dc.type.none.fl_str_mv http://purl.org/coar/resource_type/c_6501
description Using agency theory, we explore the relationship between corporate governance mechanisms and bank risk. We employ panel data analysis to study the 97 largest European listed banks between 2006 and 2010, thereby covering the most recent international financial crisis. The results show that corporate governance mechanisms influence bank risk. During the financial crisis, different governance mechanisms can minimise or accentuate the agency conflict between shareholders and managers. In our model, bank size and G.D.P. per capita also exert a considerable influence.
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eu_rights_str_mv openAccess
format article
fulltext.url.fl_str_mv https://repositorio.ulisboa.pt/bitstreams/93caef38-622a-440a-a084-9299c5b3b6d8/download
id ul_0e89b206ecfdfb30fa1e4d7fb741b176
identifier.url.fl_str_mv http://hdl.handle.net/10400.5/25346
instacron_str ul
institution Universidade de Lisboa
instname_str Universidade de Lisboa
language eng
network_acronym_str ul
network_name_str Repositório da Universidade de Lisboa
oai_identifier_str oai:repositorio.ulisboa.pt:10400.5/25346
organization_str_mv urn:organizationAcronym:ul
person_str_mv Felício, J. Augusto
Rodrigues, Ricardo
Grove, Hugh
Greiner, Adam
publishDate 2018
publisher.none.fl_str_mv Taylor & Francis Group
reponame_str Repositório da Universidade de Lisboa
repository_id_str urn:repositoryAcronym:ul
service_str_mv urn:repositoryAcronym:ul
spelling engTaylor & Francis Grouppt_PTUsing agency theory, we explore the relationship between corporate governance mechanisms and bank risk. We employ panel data analysis to study the 97 largest European listed banks between 2006 and 2010, thereby covering the most recent international financial crisis. The results show that corporate governance mechanisms influence bank risk. During the financial crisis, different governance mechanisms can minimise or accentuate the agency conflict between shareholders and managers. In our model, bank size and G.D.P. per capita also exert a considerable influence.application/pdfpt_PTThe influence of corporate governance on bank risk during a financial crisisFelício, J. AugustoRodrigues, RicardoGrove, HughGreiner, AdamHostingInstitutionOrganizationalRepositório Científico de Acesso Aberto da ULisboae-mailmailto:repositorio@reitoria.ulisboa.ptrepositorio@reitoria.ulisboa.ptDOIIsPartOf10.1080/1331677X.2018.14364572022-09-02T10:04:22Z20182018-01-01T00:00:00ZHandlehttp://hdl.handle.net/10400.5/25346http://purl.org/coar/access_right/c_abf2open accessCorporate GovernanceBank RiskFinancial CrisisAgency TheoryBoard of DirectorsPanel Data1124230 bytesliteraturehttp://purl.org/coar/resource_type/c_6501journal articlehttp://purl.org/coar/access_right/c_abf2application/pdffulltexthttps://repositorio.ulisboa.pt/bitstreams/93caef38-622a-440a-a084-9299c5b3b6d8/download
spellingShingle The influence of corporate governance on bank risk during a financial crisis
Felício, J. Augusto
Corporate Governance
Bank Risk
Financial Crisis
Agency Theory
Board of Directors
Panel Data
status SINGLETON
subject.fl_str_mv Corporate Governance
Bank Risk
Financial Crisis
Agency Theory
Board of Directors
Panel Data
title The influence of corporate governance on bank risk during a financial crisis
title_full The influence of corporate governance on bank risk during a financial crisis
title_fullStr The influence of corporate governance on bank risk during a financial crisis
title_full_unstemmed The influence of corporate governance on bank risk during a financial crisis
title_short The influence of corporate governance on bank risk during a financial crisis
title_sort The influence of corporate governance on bank risk during a financial crisis
topic Corporate Governance
Bank Risk
Financial Crisis
Agency Theory
Board of Directors
Panel Data
topic_facet Corporate Governance
Bank Risk
Financial Crisis
Agency Theory
Board of Directors
Panel Data
url http://hdl.handle.net/10400.5/25346
visible 1