Culture, Corporate Governance and Bank Risk-taking

Simple item page
dc.contributor.advisorFüllbrunn, S.
dc.contributor.authorHentges, Jil
dc.date.issued2021-07-07
dc.description.abstractThis thesis analyses the relationship between culture, corporate governance and bank-risk taking. I use a mediation analysis with multilevel data and a dataset containing 168 banks from 28 countries. Two proxies for risk-taking are used: standard deviation of return on assets and the z-score. For the standard deviation of return on assets, individualism has a negative effect, while uncertainty avoidance and power distance are positive, but no mediation effect could be found. For the z-score, most cultural variables are insignificant, however they only turned insignificant after the inclusion of the corporate governance proxies which points toward a mitigation effect. In conclusion it seems likely that corporate governance mediates and weakens the effect of culture.en_US
dc.identifier.urihttps://theses.ubn.ru.nl/handle/123456789/11058
dc.language.isoenen_US
dc.thesis.facultyFaculteit der Managementwetenschappenen_US
dc.thesis.specialisationFinancial Economicsen_US
dc.thesis.studyprogrammeMaster Economicsen_US
dc.thesis.typeMasteren_US
dc.titleCulture, Corporate Governance and Bank Risk-takingen_US
Files
Original bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
MTHEC RU Jil Hentges s1006253 - Master's Thesis.pdf
Size:
1.23 MB
Format:
Adobe Portable Document Format
Download
Collections
Faculteit der Managementwetenschappen