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Corporate Governance of Banks in Poland and Slovenia

Author

Listed:
  • Pašić Polona

    (PhD Student at the Faculty of Economics and Business, University of Maribor, Slovenia)

  • Bratina Borut

    (Faculty of Economics and Business, University of Maribor, Slovenia)

  • Festić Mejra

    (Bank of Slovenia, Ljubljana, Slovenia1)

Abstract

This paper focuses on the analysis of the characteristics of corporate governance in banks in Poland and Slovenia between 2005 and 2013. It studies the impact of corporate governance in these banks on their performance. The results of our research show that Slovenia achieved lower average scores for the variables and indicators related to the transparency of corporate governance than Poland. The density of banks with the highest corporate governance index scores was higher in Poland than in Slovenia. When examining the impact of corporate governance on bank performance as measured with net interest income, the regression analysis showed that its impact is positive in both countries and that it is statistically significant in Slovenia.

Suggested Citation

  • Pašić Polona & Bratina Borut & Festić Mejra, 2016. "Corporate Governance of Banks in Poland and Slovenia," Naše gospodarstvo/Our economy, Sciendo, vol. 62(3), pages 3-12, September.
    • Handle: RePEc:vrs:ngooec:v:62:y:2016:i:3:p:3-12:n:1
    DOI: 10.1515/ngoe-2016-0013
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    References listed on IDEAS

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    1. Rafael La Porta & Florencio Lopez-de-Silanes & Andrei Shleifer & Robert W. Vishny, 1998. "Law and Finance," Journal of Political Economy, University of Chicago Press, vol. 106(6), pages 1113-1155, December.
    2. Levine, Ross, 2005. "Finance and Growth: Theory and Evidence," Handbook of Economic Growth, in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 1, chapter 12, pages 865-934, Elsevier.
    3. International Monetary Fund, 2012. "Republic of Slovenia: Financial System Stability Assessment," IMF Staff Country Reports 2012/325, International Monetary Fund.
    4. Baek, Jae-Seung & Kang, Jun-Koo & Suh Park, Kyung, 2004. "Corporate governance and firm value: evidence from the Korean financial crisis," Journal of Financial Economics, Elsevier, vol. 71(2), pages 265-313, February.
    5. Grant Kirkpatrick, 2009. "The corporate governance lessons from the financial crisis," OECD Journal: Financial Market Trends, OECD Publishing, vol. 2009(1), pages 61-87.
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    More about this item

    Keywords

    corporate governance; bank performance; Central and Eastern Europe; corporate governance index; net interest income;
    All these keywords.

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance
    • G38 - Financial Economics - - Corporate Finance and Governance - - - Government Policy and Regulation

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