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The impact of institutions on bank governance and stability: evidence from African countries
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Authors and Corporations: | , , |
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Other Authors: | Schäfer, Dorothea 1957- [Author] • Stephan, Andreas 1968- [Author] |
Type of Resource: | E-Book |
Language: | English |
published: |
Berlin
DIW Berlin, German Institute for Economic Research
2018
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Series: |
Deutsches Institut für Wirtschaftsforschung: Discussion papers ; 1739
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Source: | Verbunddaten SWB Lizenzfreie Online-Ressourcen |
Summary: | This paper sheds new light on how African countries’ legal systems and institutions influence the governance and stability of their banks. We find that institutional factors, in particular the legal family of origin, political stability, contract enforcement and strength of investor protection promote central corporate governance reforms. Using a difference-in-difference approach, we also reveal that those reforms mediate the impact of institutions on banks. If countries have a corporate governance reform in place their banks show better internal governance and higher stability. |
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Physical Description: | 1 Online-Ressource (circa 32 Seiten) |