Arbeitspapier

The impact of institutions on bank governance and stability: Evidence from African countries

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.

Sprache
Englisch

Erschienen in
Series: DIW Discussion Papers ; No. 1739

Klassifikation
Wirtschaft
Banks; Depository Institutions; Micro Finance Institutions; Mortgages
Financial Institutions and Services: Government Policy and Regulation
Corporate Finance and Governance: General
Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
Corporate Finance and Governance: Government Policy and Regulation
Thema
African banks
corporate governance
legal systems
institutions
bank stability

Ereignis
Geistige Schöpfung
(wer)
Mutarindwa, Samuel
Schäfer, Dorothea
Stephan, Andreas
Ereignis
Veröffentlichung
(wer)
Deutsches Institut für Wirtschaftsforschung (DIW)
(wo)
Berlin
(wann)
2018

Handle
Letzte Aktualisierung
20.09.2024, 08:21 MESZ

Objekttyp

  • Arbeitspapier

Beteiligte

  • Mutarindwa, Samuel
  • Schäfer, Dorothea
  • Stephan, Andreas
  • Deutsches Institut für Wirtschaftsforschung (DIW)

Entstanden

  • 2018

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