Governance of Moroccan banks: an analysis of boards characteristics

Hicham Meghouar, Hicham Sbai and Tarek Mejri ()
Additional contact information
Hicham Meghouar: IAE Paris - Sorbonne Business School
Hicham Sbai: UCD - Université Chouaib Doukkali
Tarek Mejri: LITEM - Laboratoire en Innovation, Technologies, Economie et Management (EA 7363) - UEVE - Université d'Évry-Val-d'Essonne - Université Paris-Saclay - IMT-BS - Institut Mines-Télécom Business School - IMT - Institut Mines-Télécom [Paris], UEVE - Université d'Évry-Val-d'Essonne

Post-Print from HAL

Abstract: In 2014, Moroccan authorities adopted new banking governance texts (namely, the new banking law No. 103-12 and the directive of the Central Bank of Morocco No. 1/W/2014) mainly focusing on the characteristics of bank boards of directors and their committees. This article analyzes six years later these characteristics with a particular focus on the issue of diversity in these banks (diversity of gender, age and nationality ). The sample consists of ten main Moroccan banks, including seven banks that have a majority Moroccan shareholding and three banks with a majority French shareholding. Analyses show a positive evolution of Moroccan bank board characteristics, which are globally in compliance with the new banking law. Moreover, these bank boards are diverse in terms of age, gender and the members' nationality. However, some characteristics recommended by international standards of good governance practices still present disparities noted particularly among banks with a majority Moroccan shareholding.

Keywords: Governance; Bank; Board of directors; Morocco (search for similar items in EconPapers)
Date: 2023-06-08
References: Add references at CitEc
Citations:

Published in CIG 2023 : 22ème Conférence Internationale de Gouvernance, Association Académique Internationale de Gouvernance (AAIG), Jun 2023, Nancy, France

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:hal:journl:hal-04281410

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().