Corporate Governance of Banks in Poland and Slovenia

  • Polona Pašić
  • Borut Bratina
  • Mejra Festić
Keywords: corporate governance, bank performance, Central and Eastern Europe, corporate governance index, net interest income

Abstract

This paper focuses on the analysis of the characteristics of corporate governance in banks in Poland and Slovenia between 2005 and 2013. It studies the impact of corporate governance in these banks on their performance. The results of our research show that Slovenia achieved lower average scores for the variables and indicators related to the transparency of corporate governance than Poland. The density of banks with the highest corporate governance index scores was higher in Poland than in Slovenia. When examining the impact of corporate governance on bank performance as measured with net interest income, the regression analysis showed that its impact is positive in both countries and that it is statistically significant in Slovenia.

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Author Biographies

Polona Pašić

PhD Student at the Faculty of Economics and Business, University of Maribor, Slovenia
E-mail: polona.pasic@gmail.com

Polona Pašić holds a Ph.D. degree in economics and business sciences from the Faculty of Economics and Business, University of Maribor. She earned her bachelor’s degree in economics from the Faculty of Economics, University of Ljubljana, where she graduated with distinction.

Borut Bratina

Faculty of Economics and Business, University of Maribor, Slovenia
E-mail: borut.bratina@um.si

Borut Bratina, Ph.D., is an associate professor of law at the Department of Business Law at the Faculty of Economics and Business, University of Maribor. He is the head lecturer for a number of courses in business law within undergraduate and postgraduate study programs at the Faculty of Economics and Business (FEB) and other faculties of the University of Maribor. He is the head of the Institute of Business Law at FEB and a co-founder of the Institute for Economic and Corporate Governance (IECG Maribor). His scientific and professional focus is in the field of corporate law and corporate governance.

Mejra Festić

Bank of Slovenia, Ljubljana, Slovenia
E-mail: mejra.festic@bsi.si

Mejra Festić, Ph.D., is a full professor of economic systems, economic policy and economic theory, and the application of econometrical analysis. She is also an associate professor of banking and finance. Since March 1, 2011, she has been a vice governor of the Bank of Slovenia; she is currently its deputy governor. Her research fields cover monetary systems, monetary economics, banking and finance, macroprudential and systemic risk, financial stability, economic policies, economic theory, macroeconomics, the application of econometrical methodologies, and the appraisal of economic efficiency of investment projects at macro and micro levels.

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Published
2016-07-28
How to Cite
Pašić P., Bratina B., & Festić M. (2016). Corporate Governance of Banks in Poland and Slovenia. Naše gospodarstvo/Our Economy, 62(3), 3-12. Retrieved from https://journals.um.si/index.php/oe/article/view/2226