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| Author: | Crespi, R. Garcia-Cestona, M-A. Salas, V. |
| Title: | Governance mechanisms in Spanish banks. Does ownership matter? |
| Journal: | Journal of Banking and Finance
2004 : OCT, VOL. 28:10, p. 2311-2330 |
| Index terms: | Banking Corporate governance Mergers Spain |
| Language: | eng |
| Abstract: | This paper examines the governance (henceforth as: gov.) of Spanish banks regarding two main issues: 1. Does poor economic performance (here as: ec-perf.) activate gov. interventions (here as: int./ints.) favouring the removal of executive directors and the merger of non-performing banks?, 2. Does the relationship btw. gov. int. and ec-perf. vary with the ownership form of the bank? A negative relationship btw. ec-perf. and gov. int. for banks is found, but the results change for each form of ownership and each type of int. |
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