文章基本信息

标题：The Effect of Multiple Large Shareholders on Banks’ Profitability and Risk
本地全文：下载
作者：Maria Gaia Soana ; Laura Barbieri ; Andrea Lippi 等
期刊名称：Sustainability
印刷版ISSN：2071-1050
出版年度：2021
卷号：13
期号：4
页码：1888
DOI：10.3390/su13041888
语种：English
出版社：MDPI, Open Access Journal
摘要：The wide-ranging academic literature on corporate governance in the banking sector includes only a few studies on bank ownership and, specifically, on the comparative power of shareholders within the corporate structure. This paper reports an investigation into the presence of multiple large shareholders and their influence on profitability and risk in the long-term, considering a sample of 697 U.S. and European listed commercial banks from 2008 to 2018. It was found that the number of large and institutional shareholders has a positive impact on profitability, but no effect on risk. However, long-term ownership by multiple large shareholders contributes to decreasing risk in banks.