A Comparative Analysis of the Performance of Islamic and Conventional Banks: Does Corporate Governance Matter

Este artigo tem como objetivo analisar comparativamente o desempenho contábil-financeiro de empresas com boas práticas de governança corporativa e outras sem esta característica, através da aplicação da Análise Envoltória de Dados (DEA) às informações do setor de distribuição de energia elétrica no Brasil no período de 2005-2007. Para tanto, utiliza-se de informações sobre lucratividade, margem de lucro, giro do ativo, liquidez, endividamento e imobilização obtidas na base Melhores e Maiores da Exame-FIPECAFI. Em linhas gerais, a comparação entre o desempenho médio destes dois grupos, utilizando o teste não paramétrico de Mann-Whitney, ao nível de significância de 5 %, mostra que para o ano de 2005 e para o desempenho médio no período de análise pode-se concluir que as empresas com boas práticas de governança corporativa têm desempenho contábil-financeiro estatisticamente superior. Porém, em relação a 2006 e 2007 o desempenho dos dois grupos é estatisticamente igual ao nível de 5 %. Isso suporta apenas parcialmente as indicações de superioridade de desempenho apresentadas na literatura de governança corporativa.

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Transparency in corporate governance: Extent of directors duty to declare interest in company’s transactions

Corporate Board role duties and composition ◽

10.22495/cbv11i1c1art6 ◽

2015 ◽

Vol 11 (1) ◽

pp. 137-148 ◽

Cited By ~ 2

Author(s):

Anthony O. Nwafor

Keyword(s):

South Africa ◽

Corporate Governance ◽

United Kingdom ◽

Comparative Analysis ◽

Common Law ◽

Men And Women ◽

Legal Personality ◽

The Common ◽

The Law ◽

Important Position

The realization that the directors occupy important position in corporate governance, and as business men and women, cannot be prevented from having dealings with the company, demand a close scrutiny of corporate transactions in which they are directly or indirectly involved or have an interest to ensure that such interest is not placed above their duty to the company. One of the ways in which the law strives to achieve this balance is by imposing a duty on the director to disclose to the board any interest he has in company’s transactions. This requirement which was previously governed by the common law and the company’s articles, is presently increasingly finding a place in companies statutes in different jurisdictions. The paper examines, through a comparative analysis, the provisions on the duty of the director to disclose interest in company’s transactions in South Africa and United Kingdom with the aim of discovering the extent to which the statute in both jurisdictions upholds the common law prescriptions. The paper argues that the need for transparency in corporate governance and the preservation of the distinct legal personality of the company demand that the duty to disclose interest should be upheld even in those cases of companies run by a sole director.

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The Impact of Corporate Governance on Profitability of Conventional Banks Operating in Pakistan

Quantitative Economics and Management Studies ◽

10.35877/454ri.qems194 ◽

2020 ◽

Vol 1 (4) ◽

pp. 260-267

Author(s):

Hafiz Muhammad Naveed ◽

Shoaib Ali ◽

Yao Hongxing ◽

Saqib Altaf ◽

Jan Muhammad Sohu

Keyword(s):

Corporate Governance ◽

Commercial Banks ◽

Banking Sector ◽

Board Independence ◽

Return On Assets ◽

Board Size ◽

Return On Equity ◽

Board Directors ◽

Conventional Banks ◽

The Impact

The key purpose of present research study to examine the association among corporate governance and profitability banks in developing counties. For such primary objective, annually based data collected from 2004 to 2016. The data taken from annual financial reports which issued by conventional banks. We have used ADF (Augmented Dickey Fuller) test to examine the unit-root of variables. Moreover, the multiple linear regression utilized for hypothetical estimation. The results indicates that corporate governance and conventional banks profitability of Pakistan are bidirectional (positive-negative) associated to each other. In addition, the board size (Board Directors) is negatively associated with Return on assets and return on equity of banks. Similarly, the board independence (Insider-Outsider Board Directors) is positively influenced to return on assets and return on equity of conventional banks of Pakistan. The overall findings shows that board size and board independence are highly associated with return on equity than return on assets. Moreover, banking sector in developing countries the board size should contain on appropriate strength and acquire more professional and qualified staff. An optimal number of directors in a board size there is a need of commercial banks as to increase the profitability. To enhance the investors’ confidence with the bank there is also a need of the commercial banks to increases the board independency.

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A comparative analysis of the board evaluation in European entities: Italy vs UK

Corporate Ownership and Control ◽

10.22495/cocv14i1c4art4 ◽

2016 ◽

Vol 14 (1) ◽

pp. 578-587

Author(s):

Donatella Busso ◽

Alain Devalle ◽

Fabio Rizzato

Keyword(s):

Corporate Governance ◽

Comparative Analysis ◽

Board Of Directors ◽

Boards Of Directors ◽

Size Composition ◽

The Self ◽

Self Assessment ◽

Corporate Governance Codes ◽

The Board Of Directors ◽

The Uk

Board evaluation is an evaluation of the performance of the board of directors and its committees, as well as their size, composition and operation. The aim of this paper is to investigate how entities do the evaluation of the performance of the board and how they disclose the self-assessment. We analysed the largest forty constituents of both Italy’s FTSE MIB index and the UK’s FTSE 100 index. The results show that although Corporate Governance Codes’ requirements are similar, implementation of these requirements and the related disclosure continue to show significant differences. The UK companies seem to have a stronger “forward-looking” approach compared to Italian companies. Disclosure provided by Italian companies is too often not enough to enable stakeholder understanding of the process and its outcome. This research contributes to the literature by providing results on the evaluation of boards of directors: regulators, practitioners and researchers must deal with this topic in order to strengthen the rules of corporate governance.

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