不进则退:充分知情的董事会与银行风险承担

IF 3.6 Q1 BUSINESS, FINANCE
Asif Saeed, Komal Kamran, Thanarerk Thanakijsombat, Riadh Manita
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引用次数: 0

摘要

目的本文旨在研究董事会结构与风险承担之间的关系,探讨这种关系如何受到银行业先进技术的影响。设计/方法/途径本研究使用了 2011 年至 2018 年 22 家巴基斯坦银行的面板样本。为了检验作者的假设,作者使用了带有双向聚类稳健标准误差的回归分析。此外,作者还使用董事会结构和银行风险承担行为的替代替代指标检验了作者研究结果的稳健性。为了解决内生性问题,作者使用了两阶段最小二乘法技术。研究结果在第四次工业革命时代,巴基斯坦银行的数字化模式是将 Temenos-T24/Oracle 作为其核心银行系统(提供端到端操作集成的软件)。对其与公司治理的互动效应进行了评估,结果表明,由于信息获取和分析能力的提高,董事会可以在知情的情况下承担风险。作者发现,董事会规模与风险承担呈正相关,而现代技术的使用则重塑了银行业的这种关联。首先,董事会结构对银行风险承担的影响尚未在巴基斯坦这个高度动荡和不可预测的经济体中得到广泛研究。其次,本文首次研究了技术对银行风险的作用,这也是本文的独特之处。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
Get advanced or retreat: well-informed board and bank risk-taking

Purpose

This paper aims to examine the relationship between board structure and risk-taking, exploring how this association is influenced by advanced technologies in the banking sector.

Design/methodology/approach

This study uses a panel sample of 22 Pakistani banks from 2011 to 2018. To test the authors’ hypothesis, the authors use regression analysis with two-way cluster robust standard errors. Further, the authors also check the robustness of the authors’ findings using alternate proxies of board structure and bank risk-taking behavior. To address endogeneity concerns, the authors use the two-stage least square technique.

Findings

In the era of the Fourth Industrial Revolution, Pakistani banks’ digitalization is modeled by the presence of Temenos-T24/Oracle as their core banking system (software providing end-to-end operational integration). Its interactional effect with corporate governance is evaluated to implicate informed risk-taking by the board as a result of improved information access and analysis. The authors find that board size has a positive association with risk-taking, and the use of modern technology reshapes this association in the banking sector.

Originality/value

The contribution of this paper is twofold. First, the impact of board structure on bank risk-taking has not been extensively researched in Pakistan – a highly volatile and unpredictable economy. Second, the evaluation of the role of technology on bank risk is being researched for the very first time – a uniqueness of this paper.

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来源期刊
CiteScore
4.30
自引率
0.00%
发文量
18
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