04046nam 22006375 450 991056824110332120230810174830.03-030-97575-410.1007/978-3-030-97575-3(MiAaPQ)EBC6986476(Au-PeEL)EBL6986476(CKB)22371878600041(DE-He213)978-3-030-97575-3(EXLCZ)992237187860004120220511d2022 u| 0engurcnu||||||||txtrdacontentcrdamediacrrdacarrierCorporate Governance in the Banking Sector Theory, Supervision, ESG and Real Banking Failures /by Bruno Buchetti, Alessandro Santoni1st ed. 2022.Cham :Springer International Publishing :Imprint: Springer,2022.1 online resource (177 pages)Contributions to Finance and Accounting,2730-6046Print version: Buchetti, Bruno Corporate Governance in the Banking Sector Cham : Springer International Publishing AG,c2022 9783030975746 Chapter 1. The Meaning of Corporate Governance and Its Role in the Banking Sector -- Chapter 2. Corporate Governance Theories and the Banking Sector -- Chapter 3. Corporate Governance in the Banking Sector: A Literature Review -- Chapter 4. CG Stock Markets and the Environmental, Social and Corporate Governance (ESG) Indicators -- Chapter 5. Corporate Governance and Behavior Finance -- Chapter 6. Why Corporate Governance Matters - Spectacular Defaults.This book gives an overview of the most important theories on Corporate Governance, investigating the myth and the reality of it. It argues that within the banking sector exist two new agency costs (i.e., bank depositors and shareholders vs. directors and bank depositors vs. shareholders and directors). These agency problems are difficult to reduce for two reasons. First, banks are complex and opaque. Second, government implicit guarantees and the deposit insurance systems reduce the monitoring of depositors. This book also takes a deep dive into research on CG in the banking sector via a unique and innovative literature review covering the time period between 2000-2020. It finds that some specific CG characteristics affect banks: risk appetite, performance, accounting quality, compensation and corporate social responsibility disclosure. Furthermore, this publication contends that institutional investors are changing CG for the better, describing how major financial markets factors such as rating agencies and sell-side financial analysts make CG visible. Additionally, it investigates how managerial biases and irrational investors can affect CG negatively, leading to company distress. All-in-all, this book makes a threefold contribution: for regulators, it offers suggestions on how to improve banks’ supervision; for researchers, it suggests new research topics; and for practitioners, it connects CG theory with real cases of CG failure.Contributions to Finance and Accounting,2730-6046Corporate governanceFinancial risk managementFinancial statementsBusiness enterprisesFinanceCorporate GovernanceRisk ManagementFinancial ReportingCorporate FinanceCorporate governance.Financial risk management.Financial statements.Business enterprisesFinance.Corporate Governance.Risk Management.Financial Reporting.Corporate Finance.332.1068332.10684Buchetti Bruno1227748Santoni AlessandroMiAaPQMiAaPQMiAaPQBOOK9910568241103321Corporate governance in the banking sector2989207UNINA