Public corporate governance of state-owned enterprises: Evidence from the Spanish banking industry

Producció científica: Contribució a una conferènciaContribució

Resum

We examine the role of public corporate governance in the restructuring of the Spanish financial sector. State-owned savings banks or Cajas provide evidence of the conflict of interest in multilevel governance. We find that choice of the integration mechanism (merger, IPS or acquisition) can be explained by two drivers: geographical and political proximity.
Idioma originalAnglès
Estat de la publicacióPublicada - 1 d’abr. 2011
Esdeveniment2nd Annual US-EU Dialogue Series (2011) -
Durada: 1 d’abr. 20111 d’abr. 2011

Conferència

Conferència2nd Annual US-EU Dialogue Series (2011)
Període1/04/111/04/11

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