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Displaying results 1 to 4 of 4.

  1. When the music stops - holding bank executives accountable for misconduct
    Published: February 2023
    Publisher:  Bank for International Settlements, Financial Stability Institute, [Basel]

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Keine Rechte
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    Source: Union catalogues
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9789292596347
    Series: FSI insights on policy implementation ; no 48
    Subjects: bank governance; bank boards; directors; conduct standards; fit and proper; accountability; individual accountability; misconduct; responsibility mapping; senior executives; senior management
    Scope: 1 Online-Ressource (circa 36 Seiten), Illustrationen
  2. Managing bank liquidity hoarding during uncertain times
    the role of board gender diversity
    Published: 2 November 2022
    Publisher:  BOFIT, the Bank of Finland Institute for Emerging Economies, Helsinki

    This paper examines the effect of executive board gender diversity on the relationship between economic policy uncertainty (EPU) and bank liquidity hoarding (LH). We focus on the Russian banking sector, which, relative to most of the world, has a... more

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    DS 686
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    This paper examines the effect of executive board gender diversity on the relationship between economic policy uncertainty (EPU) and bank liquidity hoarding (LH). We focus on the Russian banking sector, which, relative to most of the world, has a high share of women on bank executive boards. Using the news-based EPU index developed by Baker, Bloom, and Davis (2016) and LH measures proposed by Berger, Guedhami, Kim, and Li (2022), we exploit a unique dataset from the Russian banking sector. While higher economic policy uncertainty tends to increase liquidity hoarding, we find this effect diminishes as gender diversity of the board increases. We attribute this finding to the moderating influence of gender diversity on stability and overreaction in decision-making. Additionally, we find that the channel through which board gender diversity affects the impact of economic policy uncertainty on liquidity hoarding takes place via the hoarding of liquid assets. Our findings are robust to the use of alternative measures for economic policy uncertainty and gender diversity. As women are still significantly under-represented on bank boards in most countries, these results argue for policies to promote gender diversity of bank boards as a means of limiting detrimental effects of economic policy uncertainty.

     

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    Source: Union catalogues
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9789523234222
    Other identifier:
    hdl: 10419/266095
    Series: BOFIT discussion papers ; 2022, 11
    Subjects: liquidity hoarding; bank boards; gender diversity; economic policy uncertainty
    Scope: 1 Online-Ressource (circa 36 Seiten), Illustrationen
  3. Gender and social networks on bank boards
    Published: February 2021
    Publisher:  Divisions of Research & Statistics and Monetary Affairs, Federal Reserve Board, Washington, D.C.

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    VS 412
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
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    Series: Finance and economics discussion series ; 2021, 021
    Subjects: bank boards; social networks; gender; gender diversity
    Scope: 1 Online-Ressource (circa 31 Seiten), Illustrationen
  4. Gender quotas, board diversity and spillover effects
    evidence from Italian banks
    Published: [2024]
    Publisher:  Global Labor Organization (GLO), Essen

    We study the impact of a law, which required the increase of the proportion of women on boards of listed companies to at least one third. We look at its impact on listed banks, but also test whether it led to spillovers into non-listed banks... more

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    DS 565
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    We study the impact of a law, which required the increase of the proportion of women on boards of listed companies to at least one third. We look at its impact on listed banks, but also test whether it led to spillovers into non-listed banks belonging to listed groups or along other board diversity dimensions. Using administrative data, we compare diversity measures of boards of listed and non-listed banks in listed groups with those in non-listed groups, before and after the introduction of the law, in a difference-in-differences specifi- cation. We find that the imposition of the gender quota only changed the composition of the boards of listed banks, with no effect on their economic performance, nor spillovers on other non-listed banks in listed groups. The law enhanced diversity of boards of listed banks, also along individual characteristics other than gender.

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/281112
    Series: GLO discussion paper ; no. 1368
    Subjects: bank boards; diversity; gender; corporate governance
    Scope: 1 Online-Ressource (circa 49 Seiten), Illustrationen