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Management Science Letters

ISSN 1923-9343 (Online) - ISSN 1923-9335 (Print)
Quarterly Publication
Volume 4 Issue 1 pp. 11-16 , 2014

Investigating the effect of corporate governance on risk of private banks and insurance firms Pages 11-16 Right click to download the paper Download PDF

Authors: Mehdi Taghavi, Mohammad Masoudi Moghadam

DOI: 10.5267/j.msl.2013.12.006

Keywords: Insurance firms, Private banks, Risk taking

Abstract: This paper presents an empirical investigation to study the effects of corporate governance on risk taking of private insurance firms and banks in Iran. The proposed study of this paper considers the financial information of 13 banks and 19 private insurance firms over the period 2006-2011 in Iran. The study investigates the effects of five variables including size, CEO duality task, composition of the board of directors, ownership concentration and having an internal auditing system on risk taking of private banks and insurance firms in Iran. Using some panel data and regression analysis, the study confirms the positive effect of the ownership concentration as well as negative impact of non-bound board members on risk taking.

How to cite this paper
Taghavi, M & Moghadam, M. (2014). Investigating the effect of corporate governance on risk of private banks and insurance firms.Management Science Letters , 4(1), 11-16.

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Journal: Management Science Letters | Year: 2014 | Volume: 4 | Issue: 1 | Views: 2724 | Reviews: 0

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