From Governance to the Efficiency of the Tunisian Banks
Journal Title: International Journal of Financial Economics - Year 2015, Vol 4, Issue 3
Abstract
The objective of this paper is to reveal the importance of internal mechanisms of governance in knowing the board of directors and the property structure for the performance of Tunisian banks. The empirical investigation, that is about a panel of 10 Tunisian deposit banks and that covers the period of 18 years from 1990 to 2007, shows that the effect of governance on the performance of banks, approximated by efficiency, presents diverging results. Private property, foreign property, the presence of independent directors, the duality and the size of the directory board affect positively the efficiency of Tunisian banks. Yet, public property as well as the presence of public directors affects negatively this efficiency.
Authors and Affiliations
Jihen Bouslimi
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