CEO ownership, corporate control, and bank performance

Griffith, John M.; Fogelberg, Lawrence; Weeks, H. Shelton

doi:10.1007/bf02755984

Cited by 63 publications

(49 citation statements)

References 18 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…In addition, Griffith et al (2002) find no relationship between performance and board composition, thus confirming the results of Pi and Timme (1993). Similarly, Adams and Mehran (2005) reveal that the percentage of outside directors has no effect on the market performance of banks and accounting.…”

Section: H6 the Presence Of Institutional Directors On The Board Hassupporting

confidence: 76%

The Effect of Board and Ownership Structure on the Efficiency of Banks in Tunisia: The Stochastic Frontier Approach

Taktak¹,

Triki²

2012

IJBM

View full text Add to dashboard Cite

The corporate governance problem is likely to be worse in banks due to their attributes (greater opaqueness than other industries, greater government regulation...) that weaken many traditional governance mechanisms. The purpose of this research is to explore the governance characteristics of the Tunisian listed banks and to detect the impact of the internal governance mechanisms on their efficiency during the period 2002-2009.Our findings indicate that the structure and the size of the board of directors and the ownership structures present divergent effects on the banks efficiency. Then, empirical results show that Tunisian listed banks display a middle efficiency level of 81.60% during the period [2002][2003][2004][2005][2006]. The deterioration of the efficiency level is owed to big public bank; in fact, private banks are more efficient than the public ones.

show abstract

Section: H6 the Presence Of Institutional Directors On The Board Hassupporting

confidence: 76%

The Effect of Board and Ownership Structure on the Efficiency of Banks in Tunisia: The Stochastic Frontier Approach

Taktak¹,

Triki²

2012

IJBM

View full text Add to dashboard Cite

show abstract

“…In the banking sector, The Basel committee recommends that banks establish boards that are composed of an effective number of directors capable of exercising judgment that are independent of the views of management, large shareholders and governments (BIS, 2006). Regarding the presence of independent directors, many authors find no significant relation between the degree of board independence and performance (Pi & Timme, 1993;Griffith et al, 2002;Choi & Hasan, 2005;Adams & Mehran, 2008). Also, Simpson and Gleason (1999) conclude that independent directors do not influence the probability of American banks.…”

Section: Independent Directorsmentioning

confidence: 99%

Did Board of Directors Have an Impact on MENA Bank Performance?

Boussaada¹,

Karmani²

2015

IJEF

View full text Add to dashboard Cite

This paper examines the impact of board of directors on the variability of bank performance in the Middle East and North Africa (MENA) region. Based on a sample of 38 banks during 2004-2011, we examine the impact of board characteristics on performance. Our results show that as the size of a bank's board of directors decreases its performance increases. However, the presence of CEO duality, independent and institutional directors in the board of directors is not significant in explaining performance differences between MENA banks. In addition, the results highlight the fact that state directors undermine the performance while foreign directors are relevant to strengthen the performance in MENA banks. Indeed, our findings highlight the importance of foreign members in enhancing banks performance.

show abstract

“…Griffith, Fogelberg, and Weeks (2002) find that the relation between CEO ownership and bank performance is non-monotonic: as CEO ownership rises, bank performance first rises, then declines, and finally rises again. DeYoung, Spong, and Sullivan (2001) study a sample of small banks.…”

Section: Insider Ownership and Bank Performancementioning

confidence: 87%

“…Motivated by the importance of banks, many papers examine the influence of insider ownership and power on bank performance (e.g., Allen and Cebenoyan, 1991;Hadlock, Houston, and Ryngaert, 1999;Griffith, Fogelberg, and Weeks, 2002;Hughes et al, 2003;Gulamhussen, Pinheiro, and Sousa, 2012). Most of these papers assume that insider power is equal to (a function of) insider ownership.…”

Section: Introductionmentioning

confidence: 99%

Insider ownership, power, and bank value

Niu

2016

JEFS

View full text Add to dashboard Cite

CEO ownership, corporate control, and bank performance

Cited by 63 publications

References 18 publications

The Effect of Board and Ownership Structure on the Efficiency of Banks in Tunisia: The Stochastic Frontier Approach

The Effect of Board and Ownership Structure on the Efficiency of Banks in Tunisia: The Stochastic Frontier Approach

Did Board of Directors Have an Impact on MENA Bank Performance?

Insider ownership, power, and bank value

Contact Info

Product

Resources

About