Ownership Structure, Board Structure And Performance In The Tunisian Banking Industry

Mnasri, Khadija (2015) Ownership Structure, Board Structure And Performance In The Tunisian Banking Industry. Asian Academy of Management Journal of Accounting and Finance, 11 (2). pp. 1-26. ISSN 1823-4992

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Abstract

The 2011 Tunisian revolution has played a role in bringing the corporate governance agenda to the forefront. This political change in Tunisia has revealed persistent governance problems in its banking industry. This paper presents the results of research conducted on how different aspects of corporate governance can influence bank performance. The sample comprises 10 Tunisian commercial banks for the period from 1997 to 2010. The performance-governance relationship is estimated using a range of econometric techniques. The findings reveal strong support for a negative association between blockholder ownership and performance. Our results show that the bank board size is related to directors' ability to monitor and advise management. Additionally, CEO duality is positively associated with performance. Further analysis suggests that the presence of government officials on banks' board of directors decreases bank performance. Taken together, our findings offer recommendations to regulators, especially for the on-going financial reform of corporate boards.

Item Type: Article
Subjects: H Social Sciences > HD Industries. Land use. Labor > HD28-70 Management. Industrial Management
Divisions: Penerbit Universiti Sains Malaysia (USM Press) > Asian Academy of Management Journal of Accounting and Finance
Depositing User: Mr Firdaus Mohamad
Date Deposited: 13 Dec 2017 01:37
Last Modified: 13 Dec 2017 01:37
URI: http://eprints.usm.my/id/eprint/37900

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