Does Board Ownership Affect Bank Risk-Taking?

Neddy Soi
2021 Journal of economics, finance and management studies  
The purpose of this study is to examine the effect of board ownership on risk-taking. The study uses a sample of 31 Kenyan banks and data for 2008-2018. The study finds that board ownership has a significantly negative effect on risk-taking. In addition, the results indicate that firm age, size, and bank capitalization positively affect risk-taking. Thus, the study has both managerial and policy implications.
doi:10.47191/jefms/v4-i6-16 fatcat:3swjfjpwrzatpe2emnidcr5j64