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Risk Management, Board Characteristics and Performance in the Tunisian Lending Institutions

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  • Ahmed Zemzem
  • OumeÑ—ma Kacem

Abstract

The aim of our research is to investigate the relationship between risk management, corporate governance and performance in lending institutions. Mainly, this research seeks to examine the effect of risk management and some board’s features on financial performance. Empirical analyses are conducted from a sample of 17 Tunisian lending institutions over the period 2002-2011 using an OLS regression. The study shows that board size affect performance significantly. Most importantly, the existence of a risk committee within the institution has a negative and significant effect on performance.

Suggested Citation

  • Ahmed Zemzem & OumeÑ—ma Kacem, 2014. "Risk Management, Board Characteristics and Performance in the Tunisian Lending Institutions," International Journal of Finance & Banking Studies, Center for the Strategic Studies in Business and Finance, vol. 3(1), pages 186-200, January.
    • Handle: RePEc:rbs:ijfbss:v:3:y:2014:i:1:id:411
    DOI: 10.20525/ijfbs.v3i1.179
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