Corporate Governance Issues for Banks: A Financial Stability Perspective

28 Pages Posted: 21 Nov 2007

See all articles by Dirk Heremans

Dirk Heremans

KU Leuven - Center for Economic Studies

Date Written: February 2007

Abstract

Corporate governance is not only a question of equity governance, but for banks specific debt governance issues are also involved. It is analysed how debt governance, and in particular the incentives and power of the parties in the banking firm to assume (excessive) risk are affected by different governance mechanisms and structures. Hence, approaching the question from a financial stability perspective, the conclusion is that compared to non-financial firms corporate governance models and the functioning of the board of directors should be designed differently for banks.

Suggested Citation

Heremans, Dirk, Corporate Governance Issues for Banks: A Financial Stability Perspective (February 2007). Available at SSRN: https://ssrn.com/abstract=1024693 or http://dx.doi.org/10.2139/ssrn.1024693

Dirk Heremans (Contact Author)

KU Leuven - Center for Economic Studies ( email )

Naamsestraat 69
Leuven, B-3000
Belgium

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