The Corporate Governance of Banks
Citations
1,292 citations
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Cites background from "The Corporate Governance of Banks"
...To date, there are many studies on corporate governance, yet only a few papers focus on banks’ corporate governance (e.g., Adams and Mehran, 2005; Caprio et al., 2007; Levine, 2004; Macey and O’Hara, 2003), even though the key aspects of corporate governance can be applied to banks....
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...For example, regulators might discourage competition and discipline banks by imposing restrictions on ownership structures (Prowse, 1997; Macey and O’Hara, 2003)....
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...Studies on bank corporate governance (e.g., Ciancanelli and Reyes, 2001; Levine, 2004; Macey and O’Hara, 2003; Prowse, 1997) acknowledge the existence of difficulties, such as opacity or complexity and regulation, in the corporate governance of these institutions....
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751 citations
Cites background from "The Corporate Governance of Banks"
...Consistently, Adams and Mehran (2003) and Macey and O’Hara (2003) highlight the importance of taking differences in governance between banking and non-banking firms into consideration....
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731 citations
Cites background from "The Corporate Governance of Banks"
...Perhaps, the bank board is even more important as a governance mechanism than its non-bank counterparts because of directors fiduciary responsibilities extends beyond shareholders to depositors and to regulators as well (Macey and O’Hara, 2003)....
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References
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Additional excerpts
...See Diamond and Dybig (1986)....
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