Information Technology Adoption, Corporate Governance and Bank Performance

Bank financing and corporate governance ¬リニ

Available online 18 October 2014 Extant literature suggests that bank monitoring improves corporate governance. This paper demonstrates that inefficiency in banking can also significantly reduce the equity capital markets' disciplinary power. Specifically, we show that in an environment in which the banking system is dominated by inefficient state-owned banks, controlling shareholders' tunnelin...

Corporate Governance, Bank Mergers and Executive Compensation

Using a sample of US bank mergers from 1995 to 2012, we observe that the pre-post merger changes in CEO bonus are significantly negatively related to the strength of corporate governance within the bidding bank. This suggests that bonus compensation is not consistent with the “optimal contracting hypothesis”. Salary changes, on the other hand, are not affected by corporate governance but are po...

Dynamic Adjustment Of Information Technology, Corporate Governance, And Firm Profitability

How do managers make their decisions with regard to adjustment and deployment of information technology (IT) over time? Motivated by this complex dynamics, we draw on behavioral theory of the firm and theorize a bounded rational process of managerial decision making for IT investment. In particular, we explain the dynamic adjustment of IT investment by bounded rational managers’ pursuing of sat...

Corporate Governance and Information Security

Information Disclosure and Corporate Governance

Disclosure is widely assumed to play an important role in corporate governance. Yet governance has not been the focus of previous academic analyses of disclosure. We consider disclosure in the context of corporate governance. We argue that disclosure is a two-edged sword. On one side, disclosure of information permits principals to make better decisions. On the other, it can create or exacerbat...