Otwarty dostęp

The Importance of Corporate Governance of Banks Concerning the Ownership in the International Environment


Zacytuj

Adams, R., & Mehran, H. (2003). Is corporate governance different for bank holding companies? Federal Reserve Bank of New −142. DOI: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=38756110.2139/ssrn.387561Search in Google Scholar

Aljifri, K., & Moustafa, M. (2007). The Impact of Corporate Governance Mechanisms on the Performance of UAE Firms: An Empirical Analysis. Journal of Economic & Administrative Sciences, 23(2), 71−93. DOI: https://www.emerald.com/insight/content/doi/10.1108/10264116200700008/full/html10.1108/10264116200700008Search in Google Scholar

Andrle, M., Brada, J. C., Tomšík, V., and Vlček, J. (2019). Banks’ Adjustment to Basel III Reform: A Bank-Level Perspective for Emerging Europe. Eastern European Economics, 57(1), 50-69. DOI: 10.1080/00128775.2018.148320210.1080/00128775.2018.1483202Search in Google Scholar

Apriliyanti, I. D. and Randøy, T. (2018). Between Politics and Business: Boardroom Decision Making in State–Owned Indonesian Enterprises. Corporate Governance, An International Review, 27(3), 166-185. DOI: https://onlinelibrary.wiley.com/doi/10.1111/corg.1227010.1111/corg.12270Search in Google Scholar

Barako, D., & Tower, G. (2007). Corporate Governance and Bank Performance: Does Ownership Matter? Evidence from the Kenyan Banking Sector. Corporate Ownership and Control, 4(2), 133−145. DOI: http://virtusinterpress.org/IMG/pdf/10-22495_cocv4i2p13.pdf10.22495/cocv4i2p13Search in Google Scholar

Basel Committee on Banking Supervision. (2010, October 7). Principles for Enhancing Corporate Governance. Bank for International Settlements. Retrieved from http://www.bis.org/publ/bcbs176.pdfSearch in Google Scholar

Becht, M., Bolton, P., & Röell, A. (2002, October 31). Corporate Governance and Control. Retrieved from http://papers.ssrn.com/sol3/papers.cfm?abstract_id=34346110.3386/w9371Search in Google Scholar

Boubakri, N., & Cosset, J.-C. (2002). The Financial and Operating Performance of Newly Privatized Firms: Evidence from Developing Countries. The Journal of Finance, 53(3), 1081−1110. DOI: https://doi.org/10.1111/0022-1082.0004410.1111/0022-1082.00044Search in Google Scholar

Brůna, K., Blahová, N. (2019). Constraints in the Supply of Credit in an Open Transition Economy under New Basel III Requirements: The Case of the Czech Republic. Eastern European Economics, 57(1), 70-85. DOI: 10.1080/00128775.2018.149645710.1080/00128775.2018.1496457Search in Google Scholar

Burkart, M., & Panunzi, F. (2006). Agency Conflicts, Ownership Concentration, and Legal Shareholder Protection. Journal of Financial Intermediation, 15(1), 1-31. DOI: https://doi.org/10.1016/j.jfi.2004.12.00410.1016/j.jfi.2004.12.004Search in Google Scholar

Caprio, G., Laeven, L., & Levine, R. (2007). Governance and Banks Valuations. Journal of Financial Intermediation, 16(4), 584–617. DOI: 10.1016/j.jfi.2006.10.00310.1016/j.jfi.2006.10.003Search in Google Scholar

Choi, S., & Hasan, I. (2005). Ownership, Governance, and Bank Performance: Korean Experience. Financial Markets, Institutions & Instruments, 14(4), 215−242. DOI: https://doi.org/10.1111/j.0963-8008.2005.00104.x10.1111/j.0963-8008.2005.00104.xSearch in Google Scholar

Choudhry, M. (2011). Effective Bank Corporate Governance: Observations from the Market Crash and Recommendations for Policy. Journal of Applied Finance and Banking, 1(1), 179−211. DOI: http://www.scienpress.com/upload/JAFB/Vol%201_1_9.pdfSearch in Google Scholar

Claessens, S., & Djankov, S. (1999). Ownership Concentration and Corporate Performance in the Czech Republic. Journal of Comparative Economics, 27(3), 498−513. DOI: https://ideas.repec.org/a/eee/jcecon/v27y1999i3p498-513.html10.1006/jcec.1999.1598Search in Google Scholar

Cornett, M., Guo, L., Khaksari, S., & Tehranian, H. (2010). The Impact of State Ownership on Performance Differences in Privately-Owned Versus State-Owned Banks: An International Comparison. Journal of Financial Intermediation, 19(1), 74−94. DOI: https://doi.org/10.1016/j.jfi.2008.09.00510.1016/j.jfi.2008.09.005Search in Google Scholar

Dahya, J., Dimitrov, O., & McConnell, J. (2008). Dominant Shareholders, Corporate Boards and Corporate Value: A Cross-Country Analysis. Journal of Financial Economics, 87(1), 73−100. DOI: https://doi.org/10.1016/j.jfineco.2006.10.00510.1016/j.jfineco.2006.10.005Search in Google Scholar

Dittmar, A., Mahrt-Smith, J., & Servaes, H. (2003). International Corporate Governance and Corporate Cash Holdings. Journal of Financial and Quantitative Analysis, 38(1), 111-133.10.2307/4126766Search in Google Scholar

Denis, D. (2001). Twenty-Five Years of Corporate Governance Research and Counting. Review of Financial Economics, 10(3), 191−212. DOI: https://doi.org/10.1016/S1058-3300(01)00037-410.1016/S1058-3300(01)00037-4Search in Google Scholar

Denis, D., & McConnell, J. (2003, January 31). International Corporate Governance. ECGI Working Paper Series in Finance, Working Paper No. 02/2003. Retrieved from http://papers.ssrn.com/sol3/papers.cfm?abstract_id=320121Search in Google Scholar

Dewenter, K., & Malatesta, P. (2001). State-Owned and Privately Owned Firms: An Empirical Analysis of Profitability-, Leverage, and Labor Intensity. American Economic Review, 91(1), 320-334. DOI: 10.1257/aer.91.1.32010.1257/aer.91.1.320Search in Google Scholar

Durnev, A., & Kim, E. (2005). To Steal or Not to Steal: Firm characteristics, legal environment, and valuation. Journal of Finance, 60(3), 1461–1493.10.1111/j.1540-6261.2005.00767.xSearch in Google Scholar

Erkens, D., Hung, M., & Matos, P. (2012). Corporate Governance in the 2007−2008 Financial Crisis: Evidence from Financial Institutions Worldwide. Journal of Corporate Finance, 18(2), 389−411. DOI: https://doi.org/10.1016/j.jcorpfin.2012.01.00510.1016/j.jcorpfin.2012.01.005Search in Google Scholar

European Commission. (2010a, May 31). The Green Book: Corporate Governance of Financial Institutions and Income Policy (Zelena knjiga: Korporativno upravljanje finančnih institucij in politika prejemkov.) Retrieved from http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=COM:2010:0284:FIN:SL:PDFSearch in Google Scholar

European Commission. (2010b, June 2). Corporate Governance in Financial Institutions: Lessons to be Drawn from the Current Financial Crisis, Best Practises, COM (2010) 284. Retrieved from http://www.microfinancegateway.org/sites/default/files/mfg-en-paper-corporate-governance-in-financial-institutions-lessons-to-be-drawn-from-the-current-financial-crisis-best-practices-jun-2010.pdfSearch in Google Scholar

Fidrmuc, J., Kapounek, S. (2019). The Risks and Financial Vulnerability of Foreign Bank Ownership in CEECs: Evidence from Exchange Rate Depreciation after the Financial Crisis. Eastern European Economics, 58(1), 34-48 DOI: 10.1080/00128775.2019.166641210.1080/00128775.2019.1666412Search in Google Scholar

Firoozi, M., M. Magnan, S. Fortin. (2018). Does Proximity to Corporate Headquarters Enhance Directors’ Monitoring Effectiveness? A Look at Financial Reporting Quality. Corporate Governance, An International Review, 27(2), 98-119. DOI: https://doi.org/10.1111/corg.1226410.1111/corg.12264Search in Google Scholar

Francis, B., Hasan, I., & Wu, Q. (2013, May 20). The Benefits of Conservative Accounting to Shareholders: Evidence from the Financial Crisis. Bank of Finland Research Discussion Paper No. 8/2013. Retrieved from http://papers.ssrn.com/sol3/papers.cfm?abstract_id=229135210.2139/ssrn.2291352Search in Google Scholar

Frydman, R., Gray, C., Hessel, M., & Rapaczynsk, A. (1999). When Does Privatization Work? The Impact of Private Ownership on Corporate Performance in Transition Economies. Quarterly Journal of Economics, 114(4), 1153-1191. DOI: https://doi.org/10.1162/00335539955624110.1162/003355399556241Search in Google Scholar

Gillan, S., Hartzell, J., & Starks, L. (2007). Tradeoffs in Corporate Governance: Evidence from Board Structures and Charter Provisions. Retrieved from http://www.law.yale.edu/documents/pdf/CBL/starks_paper.pdf.10.2139/ssrn.917544Search in Google Scholar

Himmelberg, C., Hubbard, R., & Love, I. (2002). Investment, Protection, Ownership, and the Cost of Capital. Retrieved from National Bank of Belgium: http://www.nbb.be/doc/oc/repec/reswpp/WP25.pdf.Search in Google Scholar

Hughes, J., & Mester, L. (2010). Efficiency in Banking: Theory, Practice, and Evidence. In A. Berger, J. Wilson, & P. Molyneux (Edit.), The Oxford Handbook of Banking (2nd ed., p. 463−485). New York: Oxford University Press.Search in Google Scholar

Jensen, M. (1993). The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems. The Journal of Finance, 48(3), 831−880. DOI: https://doi.org/10.1111/j.1540-6261.1993.tb04022.x10.1111/j.1540-6261.1993.tb04022.xSearch in Google Scholar

Košak, M., Zajc P. & Zorić J. (2009). Bank Efficiency Differences in the New EU Member States. Baltic Journal of Economics, 9(2), 67-89, DOI: 10.1080/1406099X.2009.1084046210.1080/1406099X.2009.10840462Search in Google Scholar

Kyereboah-Coleman, A., & Biekpe, N. (2006). Do Boards and CEOs Matter for Bank Performance? A Comparative Analysis of Banks in Ghana. Corporate Ownership and Control, 4(1), 119−126. DOI: 10.22495/cocv4i1p1010.22495/cocv4i1p10Search in Google Scholar

Lensink, R., & Naaborg, I. (2007). Does Foreign Ownership Foster Bank Performance? Applied Financial Economics, 17(11), 881–885. DOI: https://doi.org/10.1080/0960310060082765310.1080/09603100600827653Search in Google Scholar

La Porta, R., Lopez-de-Silanes, F., & Shleifer, A. (2002). Government ownership of commercial banks. The Journal of Finance, 57(1), 265–301.10.1111/1540-6261.00422Search in Google Scholar

La Porta, R., Lopez-de-Silanes, F., Shleifer, A., & Vishny, R. (1997). Legal Determinants of External Finance. Journal of Finance, 52(3), 1131-1150.10.1111/j.1540-6261.1997.tb02727.xSearch in Google Scholar

La Porta, R., Lopez-de-Silanes, F., Shleifer, A., & Vishny, R. (1998). Law and Finance. Journal of Political Economy, 106(6), 1113–1155.10.1086/250042Search in Google Scholar

Li, L., & Song, F. (2010, July 9). Corporate Governance, Regulation, and Bank Performance: A Cross-country Analysis. Retrieved from http://www.researchgate.net/publication/228455990_Corporate_Governance_Regulation_and_Bank_Performance_A_Cross-country_AnalysisSearch in Google Scholar

Love, I., & Rachinsky, A. (2007). Corporate Governance, Ownership, and Bank Performance in Emerging Markets: Evidence from Russia and Ukraine. Emerging Markets Finance and Trade, 51(2), 101-121. DOI: 10.1080/1540496X.2014.99894510.1080/1540496X.2014.998945Search in Google Scholar

Lskavyan, V., & Spatareanu, M. (2006). Ownership Concentration, Market Monitoring, and Performance: Evidence from the UK, the Czech Republic and Poland. Journal of Applied Economics, 9(1), 91−104. DOI: https://ideas.repec.org/p/run/wpaper/2005-012.html10.1080/15140326.2006.12040639Search in Google Scholar

Magalhaes, R., Gutiérrez, M., & Tribo, J. (2010, March 3). Banks’ Ownership Structure, Risk and Performance. Retrieved from http://papers.ssrn.com/sol3/papers.cfm?abstract_id=110239010.2139/ssrn.1102390Search in Google Scholar

Mahoney, P., & Mei, J. (2009, February 28). Mandatory vs. Contractual Disclosure in Securities Markets: Evidence From The 1930s. Retrieved from http://papers.ssrn.com/sol3/papers.cfm?abstract_id=883706Search in Google Scholar

Majumdar, S. (1998). Assessing Comparative Efficiency of the State-Owned Mixed and Private Sectors in Indian Industry. Public Choice, 24(1/2), 1-24. DOI: https://link.springer.com/article/10.1023/A:100494102358710.1023/A:1004941023587Search in Google Scholar

Megginson, W., Nash, R., & Randenborgh, M. (1994). The Financial and Operating Performance of Newly Privatized Firms: An International Empirical Analysis. Journal of Finance, 49(2), 403−452. DOI: https://doi.org/10.1111/j.1540-6261.1994.tb05147.x10.1111/j.1540-6261.1994.tb05147.xSearch in Google Scholar

Maripuu, P. & Männasoo K. (2014). Financial Distress and Cycle-Sensitive Corporate Investments. Baltic Journal of Economics, 14(1-2), 181-193. DOI: 10.1080/1406099X.2014.99948110.1080/1406099X.2014.999481Search in Google Scholar

Millar, C., Eldomiaty, T., Choi, C., & Hilton, B. (2005). Corporate Governance and Institutional Transparency in Emerging Markets. Journal of Business Ethics, 59(1-2), 163−174. DOI: https://link.springer.com/article/10.1007/s10551-005-3412-110.1007/s10551-005-3412-1Search in Google Scholar

Organisation for Economic Co-operation and Development. (2009, June 8). Principles of Corporate Governance by OECD. (Načela korporativnega upravljanja OECD). Retrieved from http://www.oecd.org/daf/ca/corporategovernanceprinciples/42485839.pdfSearch in Google Scholar

Pascual–Fuster, B. and R. Crespí-Cladera. (2018). Politicians in the Boardroom: Is it a Convenient Burden? Corporate Governance, an International Review 26(6), 448-470. DOI: https://doi.org/10.1111/corg.1226110.1111/corg.12261Search in Google Scholar

Ribnikar, A. (2009). Anti-Crisis Legislation-Excessive Intervention in Corporate Governance? (Protikrizna zakonodaja - pretiran poseg v korporacijsko upravljanje?) Bančni vestnik, 34 (7-8), 43-47.Search in Google Scholar

Schleifer, A., & Vishny, R. (1997). A Survey of Corporate Governance. The Journal of Finance, 52(2), 737−783. DOI: https://doi.org/10.1111/j.1540-6261.1997.tb04820.x10.1111/j.1540-6261.1997.tb04820.xSearch in Google Scholar

Słomka-Gołębiowska, A., & Urbanek, P. (2014). Executive Remuneration Policy At Banks in Poland After The Financial Crisis – Evolution or Revolution? Comparative Economic Research, 17(2), 25-44. DOI: https://doi.org/10.2478/cer-2014-001210.2478/cer-2014-0012Search in Google Scholar

Spong, K., & Sullivan, R. (2007, August 31). Corporate Governance and Bank Performance. Federal Reserve Bank of Kansas City. Retrieved from https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1011068Search in Google Scholar

Tandelilin, E., Kaaro, H., & Mahadwartha, P. (2007, April 19). Corporate Governance, Risk Management, and Bank Performance: Does Type of Ownership Matter? EADN Working Paper No. 34. Retrieved from http://www.eadn.org/eduardus.pdfSearch in Google Scholar

Zsámboki, B. (2006, August 3). Impact of Foreign Ownership on the Banking Sector: the Hungarian Experience. Retrieved from http://www.oecd.org/cfe/leed/37051210.pdfSearch in Google Scholar

Wen, W. (2010, December 6). Ownership Structure and Bank Performance in China: Does Ownership Concentration Matter? Retrieved from http://papers.ssrn.com/sol3/papers.cfm?abstract_id=174765510.2139/ssrn.1747655Search in Google Scholar