ISBN-13: 9781800614284 / Angielski
Extant literature documents the role of effective governance in mitigating bank risk-taking and limiting managerial opportunism. The banking industry forms a necessary pillar for global economic and financial stability, given their intermediation and financing roles, which are constantly under heightened regulatory and market scrutiny. The complexity and diversity of banking financial instruments and transactions leads to substantial information asymmetries. Moreover, there is a lack of conclusive evidence on the role of bank type (i.e., Islamic versus conventional banks) on corporate governance-earnings management nexus, as well as the implications of the Covid-pandemic on alternative banking systems.The book contains conceptual, empirical, and policy papers, using quantitative and qualitative methods alike. It provides the readers — including investors, managers, and policymakers — with new insights, renewed results, recent findings, and future perspectives on the impacts of effective governance mechanisms on banking stability, business models, earnings quality, stock market valuations, firm behaviors, investments strategies, and various macroeconomic shocks.Banking Resilience is intended to focus on (but is not limited to) the following themes around transformations both during and post-COVID-19 crisis: