981 resultados para Word-formation mechanisms


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Magdeburg, Univ., Fak. für Naturwiss., Diss., 2013

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Magdeburg, Univ., Fak. für Naturwiss., Diss., 2013

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Magdeburg, Univ., Fak. für Verfahrens- und Systemtechnik, Diss., 2014

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Otto-von-Guericke-Universität Magdeburg, Fakultät für Naturwissenschaften, Dissertation, 2016

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n.s. no.68(1992)

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This paper examines the governance of Spanish Banks around two main issues. First, does a poor economic performance activate those governance interventions that favor the removal of executive directors and the merger of non-performing banks? And second, does the relationship between governance intervention and economic performance vary with the ownership form of the bank? Our results show that a bad performance does activate governance mechanisms in banks, although for the case of Savings Banks intervention is confined to a merger or acquisition. Nevertheless, the distinct ownership structure of Savings Banks does not fully protect non-performing banks from disappearing. Product-market competition compensates for those weak internal governance mechanisms that result from an ownership form which gives voice to several stakeholder groups.