[ Analyse de l’Impact de la Gouvernance sur la Performance: Cas des Banques Marocaines ]
Volume 23, Issue 4, July 2018, Pages 756–767
Badr BELKEBIR1, Rachid DAANOUNE2, and Isam MOUALLIM3
1 Laboratoire de Recherches et d'Etudes en Finance, Audit et Gestion, Université Abdelmalek Essaadi, ENCG Tanger, Tanger, Maroc
2 Laboratoire de Recherches et d'Etudes en Finance, Audit et Gestion, Université Abdelmalek Essaadi, ENCG Tanger, Tanger, Maroc
3 Laboratoire de Recherches et d'Etudes en Finance, Audit et Gestion, Université Abdelmalek Essaadi, ENCG Tanger, Tanger, Maroc
Original language: French
Copyright © 2018 ISSR Journals. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
The current study examines the relationship between corporate governance mechanisms: Board structure and capital structure on the performance of Moroccan universal banks. It aims to contribute to the literature by providing empirical evidence of the association between banks performance and corporate governance characteristics using panel data analysis on the eight principal banks in Morocco over the period from 2007 to 2016. Findings suggest that on one side role duality, audit committee existence and foreign capital have a significant negative impact on bank performance. On the other side, finding indicates a positive significant relationship between board size, institutional investors and state ownership on bank performance measured by ROAA.
Author Keywords: Corporate Governance, Bank Governance, Bank Performance, Board of directors, Ownership Structure.
Volume 23, Issue 4, July 2018, Pages 756–767
Badr BELKEBIR1, Rachid DAANOUNE2, and Isam MOUALLIM3
1 Laboratoire de Recherches et d'Etudes en Finance, Audit et Gestion, Université Abdelmalek Essaadi, ENCG Tanger, Tanger, Maroc
2 Laboratoire de Recherches et d'Etudes en Finance, Audit et Gestion, Université Abdelmalek Essaadi, ENCG Tanger, Tanger, Maroc
3 Laboratoire de Recherches et d'Etudes en Finance, Audit et Gestion, Université Abdelmalek Essaadi, ENCG Tanger, Tanger, Maroc
Original language: French
Copyright © 2018 ISSR Journals. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Abstract
The current study examines the relationship between corporate governance mechanisms: Board structure and capital structure on the performance of Moroccan universal banks. It aims to contribute to the literature by providing empirical evidence of the association between banks performance and corporate governance characteristics using panel data analysis on the eight principal banks in Morocco over the period from 2007 to 2016. Findings suggest that on one side role duality, audit committee existence and foreign capital have a significant negative impact on bank performance. On the other side, finding indicates a positive significant relationship between board size, institutional investors and state ownership on bank performance measured by ROAA.
Author Keywords: Corporate Governance, Bank Governance, Bank Performance, Board of directors, Ownership Structure.
Abstract: (french)
Cette étude se propose d’analyser empiriquement les effets des mécanismes de la gouvernance bancaire (structure du conseil d’administration et structure de l’actionnariat) sur la performance des banques marocaines par une modélisation économétrique en données de panel construite sur les huit principales banques universelles marocaines portant sur une durée de 10 ans de 2007 à 2016. Les résultats de cette étude montrent que les variables représentant la dualité, l’existence du comité d’audit et les capitaux détenus par les investisseurs étrangers ont un effet statistique significatif et négatif sur la performance bancaire, alors que les variables représentant la taille du conseil, la participation des investisseurs institutionnels et la participation de l’Etat ont un impact statistique significatif positif sur la performance des banques mesurée par le ROAA.
Author Keywords: Gouvernance d’entreprise, Gouvernance bancaire, Performance Bancaire, Conseil D’administration, Structure de l’actionnariat.
How to Cite this Article
Badr BELKEBIR, Rachid DAANOUNE, and Isam MOUALLIM, “Analysis of the Impact of Governance on Performance: Case of Moroccan Banks,” International Journal of Innovation and Applied Studies, vol. 23, no. 4, pp. 756–767, July 2018.
