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Journal of Banking & Finance Vol. 138 2022

Board conduct in banks

Samanvaya Agarwal1; Saipriya Kamath2; Krishnamurthy Subramanian3; Prasanna L Tantri3

1 University of California, Berkeley · 2 London School of Economics and Political Science · 3 Indian School of Business

open access

Abstract

We examine the minutes of Indian banks' board meetings and offer insights into the issues tabled and discussed in bank boards. We find that risk issues account for only 10% of the issues tabled with regulation and compliance accounting for the most (41%), followed by business strategy (31%). Majority of the issues are not deliberated in detail. We interpret the evidence as suggestive of under-investment in risk and over-investment in regulation and compliance by bank boards.

DOI
10.1016/j.jbankfin.2022.106441
Volume
138
Pages
106441
Language
en
Sources
crossref openalex bibtex:phds-export.bib

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