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A publicação pode ser exportada nos seguintes formatos: referência da APA (American Psychological Association), referência do IEEE (Institute of Electrical and Electronics Engineers), BibTeX e RIS.

Exportar Referência (APA)
Pereira, M. & Filipe, J. (2022). Board members’ educational background and financial performance: Evidence from Eurozone banks. Journal of Central Banking Theory and Practice. 11 (3), 203-227
Exportar Referência (IEEE)
V. M. Pereira and J. A. Filipe,  "Board members’ educational background and financial performance: Evidence from Eurozone banks", in Journal of Central Banking Theory and Practice, vol. 11, no. 3, pp. 203-227, 2022
Exportar BibTeX
@article{pereira2022_1732207235624,
	author = "Pereira, M. and Filipe, J.",
	title = "Board members’ educational background and financial performance: Evidence from Eurozone banks",
	journal = "Journal of Central Banking Theory and Practice",
	year = "2022",
	volume = "11",
	number = "3",
	doi = "10.2478/jcbtp-2022-0030",
	pages = "203-227",
	url = "https://sciendo.com/issue/JCBTP/11/3"
}
Exportar RIS
TY  - JOUR
TI  - Board members’ educational background and financial performance: Evidence from Eurozone banks
T2  - Journal of Central Banking Theory and Practice
VL  - 11
IS  - 3
AU  - Pereira, M.
AU  - Filipe, J.
PY  - 2022
SP  - 203-227
SN  - 1800-9581
DO  - 10.2478/jcbtp-2022-0030
UR  - https://sciendo.com/issue/JCBTP/11/3
AB  -  This study examines the impact of the quality of board members’ educational background on the financial performance of a group of Eurozone banks. Return on average assets (ROAA), Return on average equity (ROAE), and Tobin’s Q are used as measures to assess bank financial performance. Three indices are used as proxies for board members’ educational qualifications: Eduindex, for all academic qualifications in areas such as business or conomics; Eduversal, for all qualifications from business schools ranked by Eduniversal; and EduFT, for all qualifications from business schools ranked by the Financial Times. Our study results offer relevant policy implications. Generally, there is a significant negative effect from Eduversal and EduFT qualifications on bank financial performance. This effect can be explained by the fact that some well-qualified board members use their expertise for their own interest, which, in most cases, is not favourable for bank financial performance. The implication is that the European Central Bank needs to implement more rigorous measures than those currently imposed to control bank board member behaviour and reduce agency problems.
ER  -