LEADER 04046nam 22006375 450 001 9910568241103321 005 20230810174830.0 010 $a3-030-97575-4 024 7 $a10.1007/978-3-030-97575-3 035 $a(MiAaPQ)EBC6986476 035 $a(Au-PeEL)EBL6986476 035 $a(CKB)22371878600041 035 $a(DE-He213)978-3-030-97575-3 035 $a(EXLCZ)9922371878600041 100 $a20220511d2022 u| 0 101 0 $aeng 135 $aurcnu|||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aCorporate Governance in the Banking Sector $eTheory, Supervision, ESG and Real Banking Failures /$fby Bruno Buchetti, Alessandro Santoni 205 $a1st ed. 2022. 210 1$aCham :$cSpringer International Publishing :$cImprint: Springer,$d2022. 215 $a1 online resource (177 pages) 225 1 $aContributions to Finance and Accounting,$x2730-6046 311 08$aPrint version: Buchetti, Bruno Corporate Governance in the Banking Sector Cham : Springer International Publishing AG,c2022 9783030975746 327 $aChapter 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. 330 $aThis book gives an overview of the most important theories on Corporate Governance, investigating the myth and the reality of it. It argues that within the banking sector exist two new agency costs (i.e., bank depositors and shareholders vs. directors and bank depositors vs. shareholders and directors). These agency problems are difficult to reduce for two reasons. First, banks are complex and opaque. Second, government implicit guarantees and the deposit insurance systems reduce the monitoring of depositors. This book also takes a deep dive into research on CG in the banking sector via a unique and innovative literature review covering the time period between 2000-2020. It finds that some specific CG characteristics affect banks: risk appetite, performance, accounting quality, compensation and corporate social responsibility disclosure. Furthermore, this publication contends that institutional investors are changing CG for the better, describing how major financial markets factors such as rating agencies and sell-side financial analysts make CG visible. Additionally, it investigates how managerial biases and irrational investors can affect CG negatively, leading to company distress. All-in-all, this book makes a threefold contribution: for regulators, it offers suggestions on how to improve banks? supervision; for researchers, it suggests new research topics; and for practitioners, it connects CG theory with real cases of CG failure. 410 0$aContributions to Finance and Accounting,$x2730-6046 606 $aCorporate governance 606 $aFinancial risk management 606 $aFinancial statements 606 $aBusiness enterprises$xFinance 606 $aCorporate Governance 606 $aRisk Management 606 $aFinancial Reporting 606 $aCorporate Finance 615 0$aCorporate governance. 615 0$aFinancial risk management. 615 0$aFinancial statements. 615 0$aBusiness enterprises$xFinance. 615 14$aCorporate Governance. 615 24$aRisk Management. 615 24$aFinancial Reporting. 615 24$aCorporate Finance. 676 $a332.1068 676 $a332.10684 700 $aBuchetti$b Bruno$01227748 702 $aSantoni$b Alessandro 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910568241103321 996 $aCorporate governance in the banking sector$92989207 997 $aUNINA