Does Corporate Culture Affect Shareholder Value? Evidence from European Banking

Alessandro Carretta (), Vincenzo Farina, Franco Fiordelisi and Paola Schwizer

Chapter 9 in New Drivers of Performance in a Changing Financial World, 2009, pp 149-175 from Palgrave Macmillan

Abstract: Abstract This chapter presents an empirical investigation of the relationship between bank performance and corporate culture in European banking using a sample of quoted banks over the period 2001–03. There is a substantial literature dealing with bank performance and shareholder value,2 but few studies have attempted to conduct an empirical analysis of the relationship with business conditions that may lead to create shareholder value.

Keywords: Firm Performance; Corporate Culture; Loan Loss; Bank Performance; Negative Link (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:pal:pmschp:978-0-230-59481-4_9

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DOI: 10.1057/9780230594814_9

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