Effect of CEO power and board strength on bank performance in China
Hao Fang,
Jen-Sin Lee,
Chien-Ping Chung,
Yen-Hsien Lee and
Wen-Hao Wang
Journal of Asian Economics, 2020, vol. 69, issue C
Abstract:
Given that a powerful CEO is more likely to overcome problems and control performance in a firm, this study first focuses on exploring whether CEO power positively affects certain measures of bank performance and which sources of CEO power have these positive impacts. Next, this study further analyzes whether the positive impact of CEO power on performance is negatively mediated by board strength. Our sample includes data on the three main types of Chinese banks for 2006 to –2016.
Keywords: CEO power; Banks; China; Performance; Board strength (search for similar items in EconPapers)
JEL-codes: C21 C26 G21 G34 M12 (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (10)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:asieco:v:69:y:2020:i:c:s1049007820300956
DOI: 10.1016/j.asieco.2020.101215
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