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Board conduct in banks

Author

Listed:
  • Agarwal, Samanvaya
  • Kamath, Saipriya
  • Subramanian, Krishnamurthy
  • Tantri, Prasanna

Abstract

We examine the minutes of Indian banks' board meetings and offer insights into the issues tabled and discussed in bank boards. We find that risk issues account for only 10% of the issues tabled with regulation and compliance accounting for the most (41%), followed by business strategy (31%). Majority of the issues are not deliberated in detail. We interpret the evidence as suggestive of under-investment in risk and over-investment in regulation and compliance by bank boards.

Suggested Citation

  • Agarwal, Samanvaya & Kamath, Saipriya & Subramanian, Krishnamurthy & Tantri, Prasanna, 2022. "Board conduct in banks," Journal of Banking & Finance, Elsevier, vol. 138(C).
    • Handle: RePEc:eee:jbfina:v:138:y:2022:i:c:s0378426622000413
    DOI: 10.1016/j.jbankfin.2022.106441
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    More about this item

    Keywords

    Banks; Bank failure; Board of directors; Board minutes; Corporate governance; Risk; Risk-taking;
    All these keywords.

    JEL classification:

    • G30 - Financial Economics - - Corporate Finance and Governance - - - General
    • L20 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - General

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