The corporate governance of banks
Journal of Financial Regulation and Compliance
ISSN: 1358-1988
Article publication date: 1 October 2006
Abstract
Purpose
To consider the implications of the banks fiduciary duty to their depositors (as well as the shareholders) and the government's fiscal duty to taxpayers (in the presence of deposit insurance) for the corporate governance (CG) of banks.
Design/methodology/approach
Recent contributions to the literature are outlined and assessed in the context of the asymmetric information literature relating to banking.
Findings
The good CG of banks requires regulation to balance the interests of depositors and taxpayers with those of the shareholders.
Originality/value
Linking the bank regulation in literature based on information asymmetry to the CG literature.
Keywords
Citation
Mullineux, A. (2006), "The corporate governance of banks", Journal of Financial Regulation and Compliance, Vol. 14 No. 4, pp. 375-382. https://doi.org/10.1108/13581980610711144
Publisher
:Emerald Group Publishing Limited
Copyright © 2006, Emerald Group Publishing Limited