Title: Composition of board's performance of public sector banks: a study with reference to corporate governance and financial performance
Authors: Arti Chandani; Rajiv Divekar; Mita Mehta; B. Neeraja
Addresses: Symbiosis Institute of Management Studies, Symbiosis International University, India ' Symbiosis Institute of Management Studies, Symbiosis International University, India ' Symbiosis Institute of Management Studies, Symbiosis International University, India ' Department of Management Studies, Dr. MGR Educational and Research Institute University, India
Abstract: Banks are one of the vital organs of the economic system of India and the way these banks are governed is a matter of concern to the stakeholders. The objective of this research is to analyse the impact of the structure of the board of the banks on their financial performance. The research is based on the theory of corporate governance. The researchers have selected public sector banks which are listed on Bombay Stock Exchange (BSE) as the sample. The researchers found the impact of board to be positive on the non-performing assets of the selected banks. Present study is unique as it is focused on the listed public sector banks in India. The study will help the banks to understand the relationship between board and efficiency of bank as well as to the policy makers to formulate policies while structuring of the board of any bank.
Keywords: board performance; public sector banks; corporate governance; financial performance; non-performing assets; return on equity; board structure.
DOI: 10.1504/IJPSPM.2017.087667
International Journal of Public Sector Performance Management, 2017 Vol.3 No.4, pp.432 - 446
Received: 18 Apr 2017
Accepted: 09 May 2017
Published online: 30 Oct 2017 *