Corporate Governance and Risk Taking

By Kose John, Lubomir P. Litov, Bernard Yeung. 2008

1,579 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/8491b25e67cdfd113e9dbe2834eca32f65b1b53e

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Citations in the corpus

The Credit Crisis Around the Globe: Why Did Some Banks Perform Better? (2012, positive): “Empirical work shows that risk taking is affected by shareholder rights as well as by a country’s institutions, such as the institutions protecting property rights (see, for instance, John, Litov, and Yeung (2008)).”
Banking stability, competition, and economic volatility (2016, background): “John et al. (2008) show that a country’s investor protection is positively related to firm’s risk-taking.”
Why do some banks contribute more to global systemic risk? (2018, background): “As investor protection improves, corporate insiders have less opportunities to appropriate corporate resources as personal benefits thus inducing riskier but value enhancing investment policy (see John et al., 2008).”
Does the impact of board independence on large bank risks change after the global financial crisis (2017, background): “As studies on non-financial firms show higher risk-taking in countries characterized by a higher protection of shareholder interests (John et al., 2008), the model includes an index measuring shareholder protection (Shareholder Protection), drawn from Doing Business by World Bank.”
Firm Life Cycle, Corporate Risk Taking, and Investor Sentiment (2017, positive): “Hence, the above regressions control for a number of variables that prior studies have found to be associated with corporate risk-taking (e.g., Faccio et al. 2011; John et al. 2008).”
Differences in Governance Practices between U.S. and Foreign Firms: Measurement, Causes, and Consequences (2009, neutral): “6 For the use of a similar instrument in a different context, see John, Litov, and Yeung (2008).”
Corporate social responsibility and bank risk (2019, neutral): “Besides, governance practices are seen as particularly important in the context of bank risk (John et al. 2008).”