35 years of literature on corporate governance in banks: Risk management, ownership and compensation

Valentina Lagasio

doi:10.22495/cpr19p4

Abstract

This paper provides a systematic literature review on the literature on corporate governance in banks. The review is conducted over academic papers published in the period 1980-2015, identifying 35 years of evolution in the core aspects of banking corporate governance: risk management, ownership structure and executive compensation of banks. Best practices for increasing performance and reducing risk in banks are commented, when identified. Gaps in the literature and lack of univocal consensus on the different implementation of corporate governance in the selected topic are also identified

Highlights

In this paper we review the academic publications on corporate governance (CG) of banks, published from 1980 to 2015
The review is conducted over academic papers published in the period 1980-2015, identifying 35 years of evolution in the core aspects of banking corporate governance: risk management, ownership structure and executive compensation of banks
We obtain a sample of 97 papers on the selected topics, most of which are focused on risks potentially faced by banks and their performance capability in relation with specific CG practices

Summary

35 YEARS OF LITERATURE ON CORPORATE GOVERNANCE IN BANKS

How to cite: Lagasio, V. (2019). 35 years of literature on corporate governance in banks: Risk management, ownership and compensation. 35 years of literature on corporate governance in banks: Risk management, ownership and compensation. Corporate Governance: Search for the Advanced Practices, 116-122.

INTRODUCTION

METHODOLOGY

Risk Management

Ownership structure

Compensation

Findings

CONCLUSION