期刊名称:Scientific Annals of the “Alexandru Ioan Cuza” University of Iasi – Economic Sciences Series
印刷版ISSN:2501-1960
电子版ISSN:2501-3165
出版年度:2007
卷号:2007
出版社:Sciendo
摘要:High standards in the governance of banks and firms are very important for
economic growth. Banks have a critical position in the development of economies
due to their major role in running the financial system. The banking industry is
unique because it is simultaneously consolidating and diversifying. There is a
significant public dimension to the banking firm; bank managers function in the
light of two distinct sets of interests: one is the private interest, internal
to the firm, and the other is the public interest, external to the firm.
Previous literature analyses the implications of banks’ specific attributes on
their corporate governance framework. It emphasises two major aspects: greater
opaqueness and greater regulation. Whether these attributes have a weakening
effect on the traditional corporate governance mechanism is a matter debated by
most research papers on the subject. This study is done on the specific
characteristics of banks from the point of view of current economic framework,
and the implications of these characteristics on the governance of banks. This
paper analyses the environment with increased regulation of the banking firm, as
a governance control mechanism.
关键词:Banks; Corporate governance, Regulation and supervision; Stakeholders, Basel
Accord