IDEAS home Printed from https://ideas.repec.org/p/zbw/wwuifg/100.html
   My bibliography  Save this paper

Risk Governance für Genossenschaftsbanken

Author

Listed:
  • Völker, Lars

Abstract

Im Zusammenhang mit der globalen Finanzmarktkrise wurde der Um-gang mit Risiko durch und in Banken wieder stark in den Vordergrund gerückt. Konkret geht es um die Inhalte, um die Implementierung und um die Wirkungen der Risk Governance. Jene von Genossenschaftsbanken ist in den vergangenen Jahren auf zunehmendes Interesse gestoßen, gelang es doch der genossenschaftlichen FinanzGruppe nicht nur die Finanzmarktkrise ohne staatliche Unterstützung zu bewältigen, sondern auch Marktanteile zu gewinnen. Den Hintergrund dafür bildet das ge-nossenschaftliche Geschäftsmodell, das sich u.a. durch eine besondere Risk Governance auszeichnet. Diese wird geprägt durch aufsichtsrechtliche und regulierungsbedingte Vorgaben sowie durch risikorelevante Strukturen, Regeln und Organisationen, die in der Gruppe geschaffen wurden. Vor diesen risikorelevanten Rahmenbedingungen ist jede einzelne Genossenschaftsbank gehalten, seine eigene Mikrogovernance zu entwickeln und umzusetzen. Im vorliegenden IfG-Arbeitspapier arbeitet Lars Völker heraus, was unter der Risk Governance zu verstehen ist, welche Funktionen sie zu erfüllen hat, welche Freiheitsgrade bei ihrer Ausgestaltung existieren und aus welchen Elementen sie besteht. Dabei konzentriert er sich vorerst auf jene Elemente der Makrogovernance, die für Genossenschaftsbanken relevant sind und die die Vorgaben für die konkrete Ausgestaltung der Mikrogovernance enthalten. Dieses Arbeitspapier liefert einen ersten Aufriss für ein Forschungsprojekt, das eine umfassende Analyse der Risk Governance von Genossenschaftsbanken leisten soll. Das Arbeitspapier stammt aus dem IfG-Forschungscluster III: Genossenschaftsstrategische Fragen.

Suggested Citation

  • Völker, Lars, 2010. "Risk Governance für Genossenschaftsbanken," Arbeitspapiere 100, University of Münster, Institute for Cooperatives.
    • Handle: RePEc:zbw:wwuifg:100
    as

    Download full text from publisher

    File URL: https://www.econstor.eu/bitstream/10419/55814/1/687802091.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Oliver E. Williamson, 2000. "The New Institutional Economics: Taking Stock, Looking Ahead," Journal of Economic Literature, American Economic Association, vol. 38(3), pages 595-613, September.
    2. Avinash Dixit, 2003. "On Modes of Economic Governance," Econometrica, Econometric Society, vol. 71(2), pages 449-481, March.
    3. Theurl, Theresia & Kring, Thorn, 2002. "Governance Strukturen im genossenschaftlichen Finanzverbund: Anforderungen und Konsequenzen ihrer Ausgestaltung," Arbeitspapiere 27, University of Münster, Institute for Cooperatives.
    4. Donges, Juergen B. & Eekhoff, Johann & Feld, Lars P. & Franz, Wolfgang & Möschel, Wernhard & Neumann, Manfred J. M., 2009. "Lehren der Finanzmarktkrise," Argumente zur Marktwirtschaft und Politik 106, Stiftung Marktwirtschaft / The Market Economy Foundation, Berlin.
    5. Jensen, Michael C. & Meckling, William H., 1976. "Theory of the firm: Managerial behavior, agency costs and ownership structure," Journal of Financial Economics, Elsevier, vol. 3(4), pages 305-360, October.
    6. James G. March & Zur Shapira, 1987. "Managerial Perspectives on Risk and Risk Taking," Management Science, INFORMS, vol. 33(11), pages 1404-1418, November.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Calabrò, Andrea & Requejo, Ignacio & Reyes-Reina, Fernando & Sanchez-Bueno, Maria J. & Suárez-González, Isabel, 2024. "Nearby or faraway? Determinants of target selection in family firm acquisitions," International Business Review, Elsevier, vol. 33(4).
    2. Antonczyk, Ron Christian & Salzmann, Astrid Juliane, 2014. "Overconfidence and optimism: The effect of national culture on capital structure," Research in International Business and Finance, Elsevier, vol. 31(C), pages 132-151.
    3. Evans, Lewis & Meade, Richard, 2005. "The Role and Significance of Cooperatives in New Zealand Agriculture, A Comparative Institutional Analysis," Working Paper Series 3847, Victoria University of Wellington, The New Zealand Institute for the Study of Competition and Regulation.
    4. Sacchetti, Silvia & Tortia, Ermanno, 2012. "The internal and external governance of cooperatives: the effective membership and consistency of value," AICCON Working Papers 111-2012, Associazione Italiana per la Cultura della Cooperazione e del Non Profit.
    5. Min Huang & Mengyao Li & Cailing Huang, 2024. "Confucianism culture and green innovation: Evidence from Chinese industrial firms," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 31(5), pages 4862-4877, September.
    6. Sagebiel, Julian & Müller, Jakob R. & Rommel, Jens, 2013. "Are Consumers Willing to Pay More for Electricity from Cooperatives? Results from an Online Choice Experiment in Germany," MPRA Paper 52385, University Library of Munich, Germany.
    7. Boudreaux, Christopher, 2019. "Do private enterprises outperform state enterprises in an emerging market? The importance of institutional context in entrepreneurship," MPRA Paper 93039, University Library of Munich, Germany.
    8. Hsieh, Linda H.Y. & Rodrigues, Suzana B. & Child, John, 2010. "Risk perception and post-formation governance in international joint ventures in Taiwan: The perspective of the foreign partner," Journal of International Management, Elsevier, vol. 16(3), pages 288-303, September.
    9. Dak-Adzaklo, Cephas Simon Peter & Wong, Raymond M.K., 2024. "Corporate governance reforms, societal trust, and corporate financial policies," Journal of Corporate Finance, Elsevier, vol. 84(C).
    10. Xie, En & Reddy, K.S. & Liang, Jie, 2017. "Country-specific determinants of cross-border mergers and acquisitions: A comprehensive review and future research directions," Journal of World Business, Elsevier, vol. 52(2), pages 127-183.
    11. Liu, Xianda & Hou, Wenxuan & Main, Brian G.M., 2022. "Anti-market sentiment and corporate social responsibility: Evidence from anti-Jewish pogroms," Journal of Corporate Finance, Elsevier, vol. 76(C).
    12. Franco Rubino & Francesco Napoli, 2020. "What Impact Does Corporate Governance Have on Corporate Environmental Performances? An Empirical Study of Italian Listed Firms," Sustainability, MDPI, vol. 12(14), pages 1-21, July.
    13. Nguyen, Thi Tuyet Mai, 2017. "An examination of independent directors in Vietnam," OSF Preprints ay6dv, Center for Open Science.
    14. Per-Olof Bjuggren & Lars-Göran Sund, 2014. "A contractual perspective on succession in family firms: a stakeholder view," European Journal of Law and Economics, Springer, vol. 38(2), pages 211-225, October.
    15. Leonardo M. Klüppel & Lamar Pierce & Jason A. Snyder, 2018. "Perspective—The Deep Historical Roots of Organization and Strategy: Traumatic Shocks, Culture, and Institutions," Organization Science, INFORMS, vol. 29(4), pages 702-721, August.
    16. Peter Wright & Mark Kroll, 2002. "Executive Discretion and Corporate Performance as Determinants of CEO Compensation, Contingent on External Monitoring Activities," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 6(3), pages 189-214, September.
    17. Zhang, Cong & Mehmood, Rashid & Palma, Alessia & Wang, Zhen, 2024. "The impact of culture and religion on financing decisions: Moderating role of CSR," Research in International Business and Finance, Elsevier, vol. 70(PB).
    18. Sedlacek, Sabine & Maier, Gunther, 2012. "Can green building councils serve as third party governance institutions? An economic and institutional analysis," Energy Policy, Elsevier, vol. 49(C), pages 479-487.
    19. Grazell, J., 2006. "Institutions, corporate governance and firm performance," Other publications TiSEM 242f85de-ce23-437f-9118-7, Tilburg University, School of Economics and Management.
    20. Kyriacou, Kyriacos & Liu, Siming & Mase, Bryan, 2024. "Corruption and insider trading," Journal of Corporate Finance, Elsevier, vol. 89(C).

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:zbw:wwuifg:100. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ZBW - Leibniz Information Centre for Economics (email available below). General contact details of provider: https://edirc.repec.org/data/igmuede.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.