股东维权对印度银行绩效的影响:面板数据应用

Q2 Business, Management and Accounting Business Perspectives and Research Pub Date : 2023-02-01 DOI:10.1177/22785337221148582

Shailesh Rastogi, Kuldeep Singh, Jagjeevan Kanoujiya

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引用次数: 0

摘要

股东激进主义（SA）作为公司和银行治理的一部分，其有用性存在广泛的不确定性。SA在所有利益相关者的参与中得到了广泛的认可。由于银行是任何经济体的支柱，任何制造困难的努力（支持南非）都可能适得其反。这种行为弊大于利；因此，必须确定SA是否对银行有利。在本研究中，SA指数是为印度银行建立的。与银行业绩和估值相关的数据收集于2016年至2019年。应用面板数据计量经济学来确定SA对银行绩效的影响。结果显示SA影响银行绩效。此外，透明度和披露显著调节SA与绩效的关联。然而，SA并未影响银行估值。这是一项独特的研究，旨在为银行业提供SA方面的见解。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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Impact of Shareholders’ Activism on the Performance of Banks in India: A Panel Data Application

There is a widespread uncertainty regarding the usefulness of shareholder activism (SA) as a part of corporate governance for firms and banks. SA has wide acceptance across the board among all the stakeholders’ participation. Since banks are the backbone of any economy, any endeavor (support to SA) creating difficulty may boomerang. Such actions do more harm than good; therefore, it is imperative to determine whether SA is beneficial to the banks or not. In this study, the SA index is built for Indian banks. The data relating to bank performance and valuation is gathered for 2016–2019. Panel data econometrics is applied to determine the impact of SA on banks performance. Results reveal that SA impacts bank performance. Furthermore, transparency and disclosure significantly moderates the association of SA with the performance. However, SA is not impacting bank valuation. It is a unique study of its kind to provide insights on SA for the banking sector.

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Business Perspectives and Research Business, Management and Accounting-Business and International Management

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5.00

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0.00%

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期刊介绍： Business Perspectives and Research (BPR) aims to publish conceptual, empirical and applied research. The empirical research published in BPR focuses on testing, extending and building management theory. The goal is to expand and enhance the understanding of business and management through empirical investigation and theoretical analysis. BPR is also a platform for insightful and theoretically strong conceptual and review papers which would contribute to the body of knowledge. BPR seeks to advance the understanding of for-profit and not-for-profit organizations through empirical and conceptual work. It also publishes critical review of newly released books under Book Review section. The aim is to popularize and encourage discussion on ideas expressed in newly released books connected to management and allied disciplines. BPR also periodically publishes management cases grounded in theory, and communications in the form of research notes or comments from researchers and practitioners on published papers for critiquing and/or extending thinking on the area under consideration. The overarching aim of Business Perspectives and Research is to encourage original/innovative thinking through a scientific approach.