Risk Governance and Performance: Evidence From Eurozone¡¯s Large Banks

Paolo Agnese and Paolo Capuano

International Journal of Financial Research, 2020, vol. 11, issue 5, 28-41

Abstract: In this paper, by means of econometric models, we investigate the relationship between risk governance and performance of the Eurozone¡¯s Global Systemically Important Banks (G-SIBs), over the period 2014-2018. The results of the quantitative analysis show that the choice to appoint a Chief Risk Officer (CRO) can be useful to shrink the bank risk-taking. Furthermore, we find that the importance attributed by the bank to the CRO ¨C in terms of membership of the executive committee and in terms of remuneration ¨C is positively correlated to both profitability and bank risk-taking. In addition, the analysis shows that the activity carried out by the Risk committee can be helpful to break down the risks.

Keywords: banks; corporate governance; risk management; risk governance; performance (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.sciedu.ca/journal/index.php/ijfr/article/view/18964/11638 (application/pdf)
http://www.sciedu.ca/journal/index.php/ijfr/article/view/18964 (text/html)

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:jfr:ijfr11:v:11:y:2020:i:5:p:28-41

DOI: 10.5430/ijfr.v11n5p28

Access Statistics for this article

International Journal of Financial Research is currently edited by Gina Perry

More articles in International Journal of Financial Research from International Journal of Financial Research, Sciedu Press
Bibliographic data for series maintained by Gina Perry ().