Board Determinants in Banking Industryan International Perspective
- Andrés Alonso, Pablo de
- Romero Merino, María Elena
- Santamaría Mariscal, Marcos
- Vallelado González, Eleuterio
Argitalpen urtea: 2010
Zenbakia: 5
Orrialdeak: 1-30
Mota: Artikulua
Laburpena
We identify the factors influencing the board composition of an international sample of commercial banks over the period 1996�2006. After considering the dual role of the board as monitor and advisor, our analysis shows that no one board composition is optimal for the banking industry and that any such recommendation could harm bank governance. Our results suggest that more complex banks that have a low ownership concentration and are headquartered in a civil law country should have larger and more independent boards.
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