Corporate Governance of Banks in Poland and Slovenia

Polona Pašić; Borut Bratina; Mejra  Festić

Polona Pašić
Borut Bratina
Mejra Festić

Ključne besede: korporativno upravljanje, uspešnost bank, Srednja in Vzhodna Evropa, indeks korporativnega upravljanja, neto obrestni prihodek

Povzetek

V članku se osredotočamo na proučevanje značilnosti korporativnega upravljanja v bankah na Poljskem in v Sloveniji, in sicer v obdobju med letoma 2005 in 2013. Proučen je tudi vpliv korporativnega upravljanja teh bank na njihovo poslovanje. Rezultati opravljene raziskave kažejo, da je Slovenija dosegla nižje povprečne vrednosti spremenljivk in kazalnikov kakovosti transparentnosti korporativnega upravljanja kot Poljska. Gostota bank z doseženimi najvišjimi vrednostmi indeksa korporativnega upravljanja je na Poljskem prav tako večja kot v Sloveniji. Pri proučevanju vpliva korporativnega upravljanja na uspešnost poslovanja bank, ki jo merimo z neto obrestnimi prihodki, z regresijsko analizo ugotavljamo, da je ta vpliv pozitiven v obeh državah in statistično značilen v Sloveniji.

Prenosi

Podatki o prenosih še niso na voljo.

Biografije avtorja

Polona Pašić

PhD Student at the Faculty of Economics and Business, University of Maribor, Slovenija
E-pošta: 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, Slovenija
E-pošta: 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, Slovenija
E-pošta: 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.

Literatura

Adams, R., & Mehran, H. (2008). Corporate performance, board structure, and their determinants in the banking industry. Retrieved from http://www.nyfedeconomists.org/research/staff_reports/sr330.pdf. http://dx.doi.org/10.2139/ssrn.1150266

Alexander, K. (2010). The banking crisis: Regulation and supervision. In J. MacNeil & I. O'Brien (Eds.), The future of financial regulation (pp. 437–444). Portland: Hart Publishing.

Arhar, F. (2008). Upravljanje korporacij. Bančni vestnik, 1–2, 40–44.

Baek, J., Kang, J., & Park, K. (2004). Corporate governance and firm value: evidence from the Korean financial crisis. Journal of Financial Economics, 71(2), 265–313. http://dx.doi.org/10.1016/S0304-405X(03)00167-3

Banka Slovenije. (2013). Letno Poročilo 2013. Ljubljana: Banka Slovenije. Retrieved from https://www.bsi.si/iskalniki/letna_porocila.asp?MapaId=709

Basel Committee on Banking Supervision. (2006). Enhancing Corporate governance for banking organisations. Retrieved from http://www.bis.org/publ/bcbs122.pdf

Basel Committee on Banking Supervision. (2010). Principles for enhancing Corporate Governance. Retrieved from http://www.bis.org/publ/bcbs176.pdf

Caprio, G., & Levine, R. (2002). Corporate governance of banks: Concepts and international observations. In R. Litan, M. Pomerleano, & V. Sundararajan (Eds.), Financial sector governance: The roles of the public and private sectors (pp. 17–50). Washington, DC: Brookings Institution Press.

Curtiss, F., Levine, I., & Browning, J. (2010). The institutional investor's role in "responsible ownership." In I. MacNeil & J. O'Brien (Eds.), The future of financial regulation (pp. 301–313). Portland: Hart Publishing.

European Banking Authority. (2015). Aggregate statistical data 2007–2013. Retrieved from http://www.eba.europa.eu/supervisory-convergence/supervisory-disclosure/aggregate-statistical-data

Eurostat. (2015). National accounts database. Retrieved from http://ec.europa.eu/eurostat/data/database

Guo, R., Langston, V., & Hadley, L. (2012). Business cycle, corporate governance, and bank performance. Research in Business and Economics Journal, 5, 1–11.

International Monetary Fund. (2012). Republic of Slovenia: Financial system stability assessment. Retrieved from https://www.imf.org/external/pubs/ft/scr/2012/cr12325.pdf

Kirkpatrick, G. (2009). The corporate governance lessons from the financial crisis. Retrieved from http://www.oecd.org/finance/financial-markets/42229620.pdf. http://dx.doi.org/10.1787/fmt-v2009-art3-en

La Porta, R., Lopez-de-Silanes, F., Shleifer, A., & Vishny, R. (1998). Law and finance. Journal of Political Economy, 106(6), 1113–1155. http://dx.doi.org/10.1086/250042

Levine, R. (2004). Finance and growth: Theory and evidence. Retrieved from http://www.nber.org/papers/w10766.pdf

Lloyd, B. (2009). Governance models lessons from the global crisis? Accountancy Ireland, 41(6), 43–45. Retrieved from http://www.accountancyireland.ie/

Love, I., & Rachinsky, A. (2007). Corporate governance, ownership and bank performance in emerging markets: Evidence from Russia and Ukraine. Retrieved from http://siteresources.worldbank.org/DEC/Resources/Corporate_Governnace_Ownership_and_Bank_Performance.pdf

Organisation for Economic Cooperation and Development. (2009). Načela korporativnega upravljanja OECD. Retrieved from http://www.mg.gov.si/fileadmin/mg.gov.si/pageuploads/DEOT/NACELA_OECD.pdf

Pawłowska, M. (2014). On competition in the banking sector in Poland and Europe before and during the crisis. Retrieved from http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2550678. http://dx.doi.org/10.2139/ssrn.2550678

Selvaggi, M., & Upton, J. (2008). Governance and performance in corporate Britain: Evidence from the IVIS colourcoding system. Retrieved from http://www.accountability-central.com/uploads/media/GovernanceAndPerformanceInCorporateBritan.pdf

Słomka-Gołębiowska, A., & Urbanek, P. (2014). Executive remuneration policy at banks in Poland after the financial crisis—Evolution or revolution? Comparative Economic Research, 17(2). Retrieved from http://www.degruyter.com/view/j/cer.2014.17.issue-2/cer-2014-0012/cer-2014-0012.xml

The World Bank. (2005). Report on the observance of standards and codes (ROSC)—Poland. Retrieved from http://www.worldbank.org/ifa/rosc_cg_pol_05.pdf

Tomasic, R. (2010). Beyond "light touch" regulation of British banks after the financial crisis. In V I. MacNeil & J. O'Brien (Eds.), The future of financial regulation (pp. 103–122). Portland: Hart Publishing.

Utama, C., & Musa, H. (2011). The causality between corporate governance practice and bank performance: Empirical evidence from Indonesia. Gadjah Mada International Journal of Business, 13(3), 227–247.