Nadzór korporacyjny a stabilność finansowa banków
Corporate governance and the financial stability of banks

Author(s): Emilia Klepczarek
Subject(s): Economy, Business Economy / Management, Financial Markets, Public Finances
Published by: Wydawnictwo Uniwersytetu Łódzkiego
Keywords: corporate governance; bank stability; capital adequacy; public banks; solvency; nadzór korporacyjny; sektor bankowy; audyt wewnętrzny i zewnętrzny; stabilność finansowa; kapitał banku; rada nadzorcza
Summary/Abstract: The stability of financial sector entities is a prerequisite for the undisturbed functioning of economies in the modern world. It was strongly disturbed, however, during the global financial crisis in 2008-2010 and the inefficiencies of corporate governance institutions are often mentioned as the important reasons for this destabilization. At the same time, the impact of corporate governance standards on the stability of banks seems to be under-explored in the literature and this book attempts to fulfill such a research gap. Its main objective is to assess, if the particular corporate governance standards influence the financial stability of banks listed on the Warsaw Stock Exchange during the 2005-2015 period. The theoretical and empirical analysis presented in the book identify the key corporate governance standards that may affect the security of banks listed on the Warsaw Stock Exchange. And the research conducted by the author allows assessing the selected mechanisms of corporate governance in the banks listed on the WSE in 2005-2015 as well as the stability measured with the capital adequacy ratio. Finally, the econometric models identify the corporate governance standards determining the stability of public banks during the period under study.

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