Impact of the steering board in the performance of the banking system

Authors

  • Joana Shima

DOI:

https://doi.org/10.55312/op.vi1.4561

Abstract

Over the past decades, the issue of corporate governance has become increasingly important. During this period, many financial crises have highlighted one of the major causes of weak corporate governance. It covers various disciplines, including finance, accounting, law and jurisprudence, management, business ethics, and policy making. Every crisis has raised concerns about the particular elements of corporate governance. In the literature, there are various theoretical approaches to corporate governance explanation, which use different terminology and techniques. These approaches stem from specific economic, social and legal systems as well as various historical backgrounds. The main theories - at the same time the most controversial - are agency theory and actor’s theory [1]. In contrast to the relatively wealthy literature on corporate governance in general, until the recent financial crisis of 2007-2009, little attention has been paid to corporate governance in banks by academics. As one of the causes of bank failure, the crisis identified, among other things, poor corporate governance.

Keywords:

Corporate Governance, Governing Board, Performance, Agency Theory, Theory of Actors

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Published

2024-05-22

How to Cite

Shima, J. (2024). Impact of the steering board in the performance of the banking system. Optime, (1), 173–180. https://doi.org/10.55312/op.vi1.4561

Issue

No. 1 (2017): Optime

Section

Shkencat e Aplikuara dhe Ekonomike

Categories