NAGIOS: RODERIC FUNCIONANDO

The role of internal corporate governance mechanisms on default risk: A systematic review for different institutional settings

Repositori DSpace/Manakin

Valencià Castellano

IMPORTANT: Aquest repositori està en una versió antiga des del 3/12/2023. La nova instal.lació está en https://roderic.uv.es/

The role of internal corporate governance mechanisms on default risk: A systematic review for different institutional settings

Mostra el registre complet de l'element

Visualització (1.459Mb)

Ballester Miquel, Laura; González Urteaga, Ana; Martínez, Beatriz

Aquest document és un/a article, creat/da en: 2020

Recent financial downturns, characterized by the significant failures of firms, have revealed the need to control credit risk. Latest literature has shown that weak corporate governance structures are related to high levels of default risk, leading to financial instability. In this context, we aim to summarize the literature that focuses on the role that internal corporate governance plays in the credit risk of firms, specifically considering three corporate governance components: ownership structure, board structure and financial stakeholders' rights and relations. Additionally, we analyse whether the effectiveness of the internal mechanisms depends on particular key factors, especially the institutional setting and the type of mechanisms considered. Finally, new lines of research are identified for future research.

Veure al catàleg Trobes