Inside the Board of Spanish Saving Banks
- de Andrés, Pablo 1
- García-Rodríguez, Iñigo 1
- Romero-Merino, M. Elena 2
- Santamaría-Mariscal, Marcos 2
-
1
Universidad Autónoma de Madrid
info
-
2
Universidad de Burgos
info
- Belén Díaz Díaz (ed. lit.)
- Samuel O. Idowu (ed. lit.)
- Philip Molyneux
Editorial: Springer
ISSN: 2196-7075, 2196-7083
ISBN: 9783319700069
Año de publicación: 2018
Páginas: 235-253
Tipo: Capítulo de Libro
Referencias bibliográficas
- Adams, R. B., & Ferreira, D. (2009). Women in the boardroom and their impact on governance and performance. Journal of Financial Economics, 94(2), 291–309.
- Adams, R., & Mehran, H. (2003). Is corporate governance different for bank holding companies? Economic Policy Review, 9(1), 123–142.
- Adams, R. B., & Mehran, R. (2008). Corporate performance, board structure, and their determinants in the banking industry. Federal Reserve Bank of New York Staff Report no. 330.
- Agoraki, M. E. K., Delis, M. D., & Staikouras, P. K. (2010). The effect of board size and composition on bank efficiency. International Journal of Banking, Accounting and Finance, 2(4), 357–386.
- Andrés, P., & Vallelado, E. (2008). Corporate governance in banking: The role of the board of directors. Journal of Banking & Finance, 32(12), 2570–2580.
- Andrés, P., Romero-Merino, M. E., Santamaría, M., & Vallelado, E. (2012). Board determinants in banking industry. An international perspective. Managerial and Decision Economics, 33(3), 147–158.
- Azofra, V., & Santamaría, M. (2004). El gobierno de las cajas de ahorro españolas. Universia Business Review, 2(2), 48–59.
- Bantel, K. A., & Jackson, S. E. (1989). Top management and innovations in banking: Does the composition of the top team make a difference? Strategic Management Journal, 10(S1), 107–124.
- Belkhir, M. (2009). Board of directors’ size and performance in the banking industry. International Journal of Managerial Finance, 5(2), 201–221.
- Berger, A. N., Kick, T., & Schaeck, K. (2014). Executive board composition and bank risk taking. Journal of Corporate Finance, 28, 48–65.
- Blau, P. M. (1977). Inequality and heterogeneity. New York: Free Press.
- Boeker, W., & Goodstein, J. (1991). Organizational performance and adaptation: Effects of environment and performance on changes in board composition. Academy of Management Journal, 34(4), 805–826.
- Busta, I. (2007). Board effectiveness and the impact of the legal family in the European banking industry. In FMA European Conference, Barcelona–Spain. Available at: www.fma.org/Barcelona/Papers/BustaFMA2007.pdf
- Caprio, G., Laeven, L., & Levine, R. (2007). Governance and bank valuation. Journal of Financial Intermediation, 16(4), 584–617.
- Climent-Serrano, S., & Pavía-Miralles, J. M. (2014). Determinantes y diferencias en la rentabilidad de cajas y bancos [Determinants and differences in the profitability of saving Banks and commercial Banks]. Revista de Economía Aplicada, 65(12), 117–154.
- Code Banken (Dutch Banking Code). (2009). Netherlands Bankers’ Association.
- Crespı, R., Garcıa-Cestona, M. A., & Salas, V. (2004). Governance mechanisms in Spanish banks. Does ownership matter? Journal of Banking & Finance, 28(10), 2311–2330.
- Cuñat, V., & Garicano, L. (2010). Did good Cajas extend bad loans? Governance, human capital and loan portfolios. Working paper, FEDEA no. 2010-08.
- de Haan, J., & Vlahu, R. (2016). Corporate governance of banks: A survey. Journal of Economic Surveys, 30(2), 228–277.
- Fama, E. F. (1980). Agency problems and the theory of the firm. Journal of Political Economy, 88(2), 288–307.
- Fields, M. A., & Keys, P. Y. (2003). The emergence of corporate governance from Wall St. to Main St.: Outside directors, board diversity, earnings management, and managerial incentives to bear risk. Financial Review, 38(1), 1–24.
- Fonseca Díaz, A. R. (2005). El gobierno de las cajas de ahorros: influencia sobre la eficiencia y el riesgo [The governance of savings banks: Influence on the efficiency and risk]. Universia Business Review, 4(8), 24–37.
- García-Cestona, M., & Sagarra, M. (2014). Good and bad Banks? Governance, human capital of top managers and performance. Working paper, Accessed 23 Jan, 2016, from http://ssrn.com/abstract=2504593
- García-Marco, T., & Robles-Fernández, M. D. (2008). Risk-taking behaviour and ownership in the banking industry: The Spanish evidence. Journal of Economics and Business, 60(4), 332–354.
- García-Meca, E., & Sánchez-Ballesta, J. P. (2014). Politicization, banking experience and risk in savings banks. European Journal of Law and Economics, 38(3), 535–553.
- García-Meca, E., García-Sánchez, I. M., & Martínez-Ferrero, J. (2015). Board diversity and its effects on bank performance: An international analysis. Journal of Banking & Finance, 53, 202–214.
- García-Roa, J. (1994). Las cajas de ahorros españolas: cambios recientes, fusiones y otras estrategias de dimensionamiento. [The Spanish savings banks: Recent changes, mergers and other oversizing strategies]. Madrid: Civitas.
- Hambrick, D. C., & Mason, P. A. (1984). Upper echelons: The organization as a reflection of its top managers. Academy of Management Review, 9(2), 193–206.
- Hau, H., & Thum, M. (2009). Subprime crisis and board (in-)competence: Private vs. public banks in Germany. Economic Policy, 24, 701–751.
- Illueca, M., Norden, L., & Udell, G. (2014). Liberalization and risk taking: Evidence from government-controlled Banks. Review of Finance, 18(4), 1217–1257.
- Jensen, M. C. (1993). The modern industrial revolution, exit, and the failure of internal control systems. Journal of Finance, 48(3), 831–880.
- Jensen, M. C., & Meckling, W. H. (1976). Theory of the firm: Managerial behavior, agency costs and ownership structure. Journal of Financial Economics, 3(4), 305–360.
- John, K., De Masi, S., & Paci, A. (2016). Corporate governance in banks. Corporate Governance: An International Review, 24(3), 303–321.
- La Porta, R., Lopez de Silanes, F., Shleifer, A., & Vishny, R. W. (1998). Law and finance. Journal of Political Economy, 106, 1113–1155.
- La Porta, R., Lopez de Silanes, F., Shleifer, A., & Vishny, R. (2000). Investor protection and corporate governance. Journal of Financial Economics, 58(1–2), 3–27.
- Law 3/2007, of 22 March, for the effective equality of women and men.
- Law 31/1985, of 2 August, regulating the basic rules on governing bodies of savings banks.
- Law 44/2002, of November 22, on measures to reform the Financial System.
- Linde, L. M. (2017, February 10). El Banco de España en la crisis. El País. Retrieved from http://economia.elpais.com/economia/2017/02/09/actualidad/1486671538_959492.html
- Mamoghli, C., & Dhouibi, R. (2009). Bank corporate governance and insolvency risk: Evidence from an emerging market. Working paper, Accessed Aug 4, 2000, from http://ssrn.com/abstract=1391878
- Martín-Oliver, A., Ruano, S., & Salas-Fumás, V. (2017). The fall of Spanish cajas: Lessons of ownership and governance for banks. Journal of Financial Stability. https://doi.org/10.1016/j.jfs.2017.02.004 .
- Melle Hernández, M., & Maroto Acín, J. A. (1999). Una aplicación del gobierno de empresas: incidencia de las Administraciones Públicas en las decisiones asignadas de las Cajas de Ahorro españolas [An application of corporate governance: The impact of government on allocative decisions of the Spanish savings banks]. Revista Europea de Dirección y Economía de la Empresa, 8(2), 9–35.
- Minton, B. A., Taillard, J. P., & Williamson, R. (2014). Financial expertise of the board, risk taking, and performance: Evidence from bank holding companies. Journal of Financial and Quantitative Analysis, 49(2), 351–380.
- Pathan, S., Skully, M., & Wickramanayake, J. (2007). Board size, independence and performance: An analysis of Thai banks. Asia-Pacific Financial Markets, 14(3), 211–227.
- Royal Decree-Law 11/2010, of 9 July, about governing bodies and other aspects of the legal regime of savings banks.
- Staikouras, P. K., Staikouras, C. K., & Agoraki, M. E. K. (2007). The effect of board size and composition on European bank performance. European Journal of Law and Economics, 23(1), 1–27.
- Walker, D. (2009). A review of corporate governance in UK banks and other financial industry entities – Final recommendations. HM Treasury Archives, United Kingdom.
- Wang, T., & Hsu, C. (2013). Board composition and operational risk events of financial institutions. Journal of Banking & Finance, 37(6), 2042–2051.
Los documentos del portal se actualizan diariamente. Esta fecha hace referencia a la actualización de la información relacionada con la estructura del portal (personas, grupos de investigación, unidades organizativas, proyectos...).