Investigating Diversity in the Banking Sector in Europe: The Performance and Role of Savings Banks - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Investigating Diversity in the Banking Sector in Europe: The Performance and Role of Savings Banks write by . This book was released on 2009. Investigating Diversity in the Banking Sector in Europe: The Performance and Role of Savings Banks available in PDF, EPUB and Kindle. "This book investigates the merits of a diverse banking system with a special focus on the performance and role of cooperative banks in seven European countries where they are prominent (Austria, Finland, France, Germany, Italy, the Netherlands and Spain). The theoretical and empirical arguments that are developed in this book tend to support the view that it is economically beneficial to have stakeholder-value banks with a dual bottom-line function, such as cooperative banks. For those who accept this premise, it would suggest that policy-makers should not take or support actions that could jeopardise this valuable element of the financial system in various countries in Europe and of the emerging integrated European financial system."--Publisher description.
Investigating Diversity in the Banking Sector in Europe
Investigating Diversity in the Banking Sector in Europe - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Investigating Diversity in the Banking Sector in Europe write by Rym Ayadi. This book was released on 2010. Investigating Diversity in the Banking Sector in Europe available in PDF, EPUB and Kindle. A midst stormy waters, financial systems develop and evolve. New institutional forms and instruments are invented and put into use. Some of them turn out to be successful while others disappear: a natural process of creative and dynamic competition argues for diversity. Diversity offers an optimal environment in which new ideas can come to life, existing ideas can evolve and old ideas make a comeback. In the aftermath of the financial crisis, the foundations of several decades of modern and innovative financial systems have suffered serious damage. This has triggered massive state interventions and has led authorities to revamp the regulatory structures and frameworks. While many voices have called for a return to more traditional approaches to banking and finance, no one has argued the merits of diversity. This book investigates the merits of a diverse banking system with a special focus on the performance and role of cooperative banks in seven European countries where they are prominent (Austria, Finland, France, Germany, Italy, the Netherlands and Spain). The theoretical and empirical arguments that are developed in this book tend to support the view that it is economically beneficial to have stakeholder-value banks with a dual bottom-line function, such as cooperative banks. For those who accept this premise, it would suggest that policy-makers should not take or support actions that could jeopardise this valuable element of the financial system in various countries in Europe and of the emerging integrated European financial system. Book jacket.
Investigating Diversity in the Banking Sector in Europe
Investigating Diversity in the Banking Sector in Europe - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Investigating Diversity in the Banking Sector in Europe write by Rym Ayadi. This book was released on 2009. Investigating Diversity in the Banking Sector in Europe available in PDF, EPUB and Kindle.
Board Diversity and Financial Fragility
Board Diversity and Financial Fragility - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Board Diversity and Financial Fragility write by Hisham Farag. This book was released on 2015. Board Diversity and Financial Fragility available in PDF, EPUB and Kindle. In the wake of the recent crisis in European banks, we investigate the influence of board diversity on both financial fragility and performance in European listed banks. We believe that different governance mechanisms may influence female representation in Europe. Moreover, we believe that controlling for bank and time heterogeneity may lead to more robust results. Using data for 99 European banks from 17 countries over the period 2004-2012, we employ the system GMM estimator of dynamic panel data. We find that appointing additional female directors after a critical mass of 23.6% female directors has a negative and significant influence on banks' vulnerability to financial crisis for banks with unitary boards. Moreover, we find that the diversity-financial fragility relationship is also non-linear and that beyond a critical mass of 18.2% and 23.2% female directors, appointing additional female directors to the supervisory and management boards respectively may decrease financial fragility for European banks with dual boards. Furthermore, we find that high risk and more financially fragile banks are less likely to appoint female directors due to the perception that females are more risk averse and would tend not to condone more risky decisions. Our empirical results provide support for the recent calls for more board diversity by various governments and the EU. The relationship between bank risk and board diversity may potentially have important implications for stability and increased confidence in the banking sector.
New Challenges for the Banking Industry
New Challenges for the Banking Industry - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook New Challenges for the Banking Industry write by Santiago Carbó-Valverde. This book was released on 2023-07-18. New Challenges for the Banking Industry available in PDF, EPUB and Kindle. This book aims to enrich the banking and finance literature by gathering insights in new research topics being undertaken in the aftermath of the Covid-19 pandemic. The book spans all the major research fields in finance and banking with a particular focus on corporate governance, sustainability and innovation. The book brings together academics at a range of European universities and stems from research presented at the 2022 Annual Conference of the Wolpertinger Club. The first part focuses on the impact of banks’ corporate governance practice on their performance, including pay gaps as well as diversity and ESG policies. The second part examines how banks are conducting their green transition with topics including reputational risk, greenwashing, green bonds, and ESG scores. The final section of the book considers the role of digitalization and innovative technologies in creating unprecedented disruption in the banking sector. This edited collection is valuable to those researching in finance, banking and business, as well as policymakers and operational decision makers at financial institutions.
