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dc.contributor.authorNahar, Shamsun
dc.contributor.authorJubb, Christine
dc.contributor.authorAzim, Mohammad I.
dc.date.accessioned2018-10-17T02:44:49Z
dc.date.available2018-10-17T02:44:49Z
dc.date.issued2016
dc.identifier.issn0268-6902
dc.identifier.doi10.1108/MAJ-02-2015-1158
dc.identifier.urihttp://hdl.handle.net/10072/124139
dc.description.abstractPurpose – The purpose of this paper is to investigate the association between risk governance and bank performance in a country where disclosure of risk information is virtually voluntary. Design/methodology/approach – Using 210 bank-year observations comprising hand-collected data for the period 2006-2012, the study uses regression analysis to test whether a significant relationship exists between risk governance and banks’ accounting- and market-based performance. Findings – This paper investigates risk governance in terms of risk disclosure, number of risk committees and existence of a risk management unit, controlling for other corporate governance variables. Accounting-based performance is measured by return on equity and return on assets; market-based performance is measured by Tobin’s q and buy-and-hold returns. The results show that there is a significant relationship between risk governance and bank performance measures used in this study. Research limitations/implications – This paper complements the governance literature by incorporating agency and neo-institutional theory to provide robust evidence that risk monitoring and management are associated with bank performance, which has become extremely important following the global financial crisis (2007-2008). Practical implications – Empirical evidence in this paper suggests that risk governance characteristics can be used as channels to improve bank performance. In addition, stakeholders may find these results useful in selecting their preferred bank. Originality/value – The uniqueness of this paper lies in its country setting. Most studies on governance and performance involve developed countries. This paper’s contribution is to examine the association of risk governance characteristics for both accounting-based and market-based performance in a developing economy setting, with virtually voluntary compliance mechanisms in place.
dc.description.peerreviewedYes
dc.languageEnglish
dc.publisherEmerald Group Publishing Limited
dc.relation.ispartofpagefrom250
dc.relation.ispartofpageto268
dc.relation.ispartofissue3
dc.relation.ispartofjournalManagerial Auditing Journal
dc.relation.ispartofvolume31
dc.subject.fieldofresearchAccounting, Auditing and Accountability not elsewhere classified
dc.subject.fieldofresearchAccounting, Auditing and Accountability
dc.subject.fieldofresearchcode150199
dc.subject.fieldofresearchcode1501
dc.titleRisk governance and performance: a developing country perspective
dc.typeJournal article
dc.type.descriptionC1 - Articles
dc.type.codeC - Journal Articles
gro.hasfulltextNo Full Text
gro.griffith.authorNahar, Shamsun


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