How Do Corporate Governance Factors Influence Banks’ Value? Evidence from Russia

نویسندگان

چکیده

In this research study we built 3 models that evaluate the panel data of 30 Russian banks with largest assets and highest reliability. Comparison all three by means specification tests led us to conclusion OLS model explanatory power 67% is optimal.
 The presence women on board directors negatively affects banks’ valuation, while number directors’ meetings, an audit committee have a positive impact net asset value banks. If share increases 1%, bank’s will decrease 86%. directorshas functioning risk management committee, grow 225%. case increase in members 4.4%. meetings per year grows twofold, 118%.

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ژورنال

عنوان ژورنال: Journal of Corporate Finance Research

سال: 2023

ISSN: ['2073-0438']

DOI: https://doi.org/10.17323/j.jcfr.2073-0438.17.1.2023.27-43