ΕVALUATING THE QUALITY OF CORPORATE GOVERNANCE OF SWISS BANKS

Dionisia Tzavara, Christos Grose, GREVEN Sandra Pereira Rebelo and Maria Argyropoulou
Additional contact information
Dionisia Tzavara: University of Liverpool, Athens, Greece
Christos Grose: International Hellenic University, Thessaloniki, Greece
GREVEN Sandra Pereira Rebelo: Hotel Institute Montreux, Montreux, Switzerland
Maria Argyropoulou: International Hellenic University, Thessaloniki, Greece

Studies in Business and Economics, 2021, vol. 16, issue 3, 278-294

Abstract: The aim of this research is to investigate the corporate governance frameworks of listed Swiss bank, to evaluate their performance across several indicators and identify strengths and weaknesses of their internal guidelines and code of best practice. More specifically, we use the OECD Principles of Corporate Governance, the Basel Committee Guidance on Corporate Governance for Banks and the Swiss Code of Best Practices for Corporate Governance to develop a framework to evaluate the corporate governance of Swiss banks relative to factors such as board structure, board composition, transparency, compensation and risk management. To meet the aim of the research, we collect qualitative data from publicly available yearly reports, corporate governance documents and codes of conduct from a sample of listed Swiss banks. We find that, overall, Swiss banks have a sound corporate governance framework. However, board gender diversity is low. Also, there are differences between smaller and bigger banks in board composition. Our findings contribute to the understanding of the corporate governance structure of listed Swiss banks and they can be a useful tool for the banks, which can use our findings to implement enhancements to their corporate governance frameworks.

Keywords: Corporate Governance; Swiss Banks; Board of Directors; Board Structure; Board Composition (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations:

Downloads: (external link)
http://magazines.ulbsibiu.ro/eccsf/RePEc/blg/journl/16320tzavara.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:blg:journl:v:16:y:2021:i:3:p:278-294

Access Statistics for this article

More articles in Studies in Business and Economics from Lucian Blaga University of Sibiu, Faculty of Economic Sciences Lucian Blaga University of Sibiu, Faculty of Economic Sciences Dumbravii Avenue, No 17, postal code 550324, Sibiu, Romania. Contact information at EDIRC.
Bibliographic data for series maintained by Mihaela Herciu ().