Work

Audit committee effectiveness, bank efficiency and risk-taking: Evidence in ASEAN countries

Year: 2022

Type: article

Abstract: This study investigates the inter-relationship between audit committee effectiveness, bank efficiency and risk-taking in seven ASEAN countries for the period 2010–2019. By using three-stage least squares (3SLS) method, we contribute to literature the relationship between audit committee effectiveness and bank risk-taking by examining the mechanism behind this relation. Our results show that audit committee effectiveness reduces bank risk-taking through increasing bank efficiency. This study also finds that the association between audit committee effectiveness and bank risk-taking is bi-directional, i.e the higher audit committee effectiveness induces lower risk and vice versa.

Source: Cogent Business & Management

DOI: 10.1080/23311975.2022.2080622

Author: Quang Khai Nguyen

Institution: University of Economics Ho Chi Minh City

Language: English

Topic: Banking stability, regulation, efficiency

Subfield: Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

Open Access status: gold

Estimated APC paid: $1,165

Funder: Đại học Kinh tế Thành phố Hồ Chí Minh