دانلود رایگان مقاله انگلیسی ویژگی های هیئت مدیره و عملکرد بانک در هند - الزویر 2018

ABSTRACT

Using a sample of 36 scheduled commercial banks in India during the period of 2001-2014, we explores the impact of board structure characteristics such as board size, Independence and CEO duality on bank performance. We find significant relationship between board size and bank performance when the board size is between 6 and 9. We also find positive and significant relationship between board independence and bank performance. Further, we find number of board meetings and financial experts are important for bank performance. However, we find no significant improvement in bank performance when the role of CEO and Chairman is separated.

5. Conclusions

The recent financial crisis and thereafter the collapse of large bank have raised concern about the board of banks in several economies. This concern set new thinking on regulators about the existing board structure in banks. This is evident from the formation of new committee to review the governance of boards of banks in India. We use pooled panel data of 36 scheduled commercial banks in India for a period of 14 years from 2001-2014. Our comprehensive study on three important board characteristics such as board size, board independence and CEO duality have important policy implications. We found board size and board independence have positive impact on bank performance. We find no significant improvement in bank performance when the role of chairman and CEO is separated. In short our findings suggest that board structure of the bank matters in the performance of bank. An optimal board size and composition will largely contribute to the good governance of bank. The findings of this study are relevant in the context of ongoing restructuring of boards of banks in India. The study suggests that board size and composition of independent directors need to rationalize. Finally, splitting the role of CEO and chairman has limited influence on bank performance.