Ítem
Acceso Abierto
Ownership structure and risk at Colombian banks
Título de la revista
Autores
Martínez, Constanza
Ramírez Gómez, Manuel
Fecha
2011
Directores
ISSN de la revista
Título del volumen
Editor
Universidad del Rosario
Buscar en:
Métricas alternativas
Resumen
Abstract
The separation between ownership and the control of capital in banks generates differences in the preferences for risk among shareholders and the manager. These differences could imply a corporate governance problem in banks with a dispersed ownership, since owners fail to exert control in the allocation of capital. In this paper we examine the relationship between the ownership structure and risk for Colombian banks. Our results suggest that a high ownership concentration leads to higher levels of risk.
Palabras clave
Keywords
corporate governance , banking risk
Buscar en:
Martínez, C., & Ramírez, M. (2011). Ownership structure and risk at Colombian banks. Bogotá: Universidad del Rosario.
