Financial Crises and Banking Governance in the Emerging Countries of South East Asian

Foued Sabbagh
Foued Sabbagh
University of Sousse University of Sousse

Send Message

To: Author

Financial Crises and Banking Governance in the Emerging Countries of South East Asian

Article Fingerprint

ReserarchID

6H5Z9

Financial Crises and Banking Governance in the Emerging Countries of South East Asian Banner

AI TAKEAWAY

Connecting with the Eternal Ground
  • English
  • Afrikaans
  • Albanian
  • Amharic
  • Arabic
  • Armenian
  • Azerbaijani
  • Basque
  • Belarusian
  • Bengali
  • Bosnian
  • Bulgarian
  • Catalan
  • Cebuano
  • Chichewa
  • Chinese (Simplified)
  • Chinese (Traditional)
  • Corsican
  • Croatian
  • Czech
  • Danish
  • Dutch
  • Esperanto
  • Estonian
  • Filipino
  • Finnish
  • French
  • Frisian
  • Galician
  • Georgian
  • German
  • Greek
  • Gujarati
  • Haitian Creole
  • Hausa
  • Hawaiian
  • Hebrew
  • Hindi
  • Hmong
  • Hungarian
  • Icelandic
  • Igbo
  • Indonesian
  • Irish
  • Italian
  • Japanese
  • Javanese
  • Kannada
  • Kazakh
  • Khmer
  • Korean
  • Kurdish (Kurmanji)
  • Kyrgyz
  • Lao
  • Latin
  • Latvian
  • Lithuanian
  • Luxembourgish
  • Macedonian
  • Malagasy
  • Malay
  • Malayalam
  • Maltese
  • Maori
  • Marathi
  • Mongolian
  • Myanmar (Burmese)
  • Nepali
  • Norwegian
  • Pashto
  • Persian
  • Polish
  • Portuguese
  • Punjabi
  • Romanian
  • Russian
  • Samoan
  • Scots Gaelic
  • Serbian
  • Sesotho
  • Shona
  • Sindhi
  • Sinhala
  • Slovak
  • Slovenian
  • Somali
  • Spanish
  • Sundanese
  • Swahili
  • Swedish
  • Tajik
  • Tamil
  • Telugu
  • Thai
  • Turkish
  • Ukrainian
  • Urdu
  • Uzbek
  • Vietnamese
  • Welsh
  • Xhosa
  • Yiddish
  • Yoruba
  • Zulu
Font Type
Font Size
Font Size
Bedground

Abstract

This article aims to analyze the effectiveness of bank governance mechanisms or through prudential regulation as an external dimension or either the mode of administration as an internal dimension is a source of birth of crises. In addition, the risk in terms of financial instability, institutional weaknesses and the weakness of regulatory and supervisory system leads to a lack of governance in banks. This empirical study was conducted on a sample of four emerging countries of South East Asia and to an annual period from 1980 to 2010, using the Probit model on panel data. The results also suggest that there is a strong and significant causal relationship between financial crises and bank governance in the South East Asian countries during periods of financial liberalization.

References

49 Cites in Article
  1. E Abaoub,H Rachdi,M Elgaied (2008). L'apport de la gouvernance à l'explication des crises bancaires : Une analyse en données de panel.
  2. Adams (2012). Governance and the financial crisis.
  3. Hervé Alexandre,Karima Bouaiss (2008). The Complementarity of Regulatory and Internal Governance Mechanisms in Banks.
  4. Isabelle Allemand,Bénédicte Brullebaut (2010). Comparaison des pratiques de gouvernance dans les banques françaises.
  5. R Bastos,J Pindado (2013). Trade credit during a financial crisis: A panel analysis.
  6. P Bustelo,C Garcia,I Olivié (1997). Global and Domestic factors of financial crises in emerging economies: Lessons from the east Asian episodes.
  7. Gerard Caprio,Luc Laeven,Ross Levine (2007). Governance and bank valuation.
  8. G Caprio,D Klingebiel (1620). Dealing with bank insolvencies: Cross Country experience.
  9. A Cartapanis,V Dropsy,S Mametz (1971). Indicateurs d'alerte et crises de change: Analyse compare des economies d'Europe Centrale et Orientale (1980-1997) et d'Amérique Latine et d'Asie de l'Est.
  10. G Charreaux (2000). Le conseil d'administration dans les théories de la gouvernance.
  11. R Chroqui (2008). Banques étrangères, Mode de gouvernance et performance des banques privatisées.
  12. Stijn Claessens,B Yurtoglu (2012). Corporate Governance in Emerging Markets: A Survey.
  13. K Cremers,Vinay Nair (2005). Governance Mechanisms and Equity Prices.
  14. R Crespi,M Gracia-Cestona,V Salas (2004). Governance mechanisms in Spanish banks: Does Ownership Matter?.
  15. J Cuaresma,M Feldkircher (2012). Drivers of output Loss during the 2008-09 crisis: A focus on Emerging Europe.
  16. P Dannon (2010). Mécanismes internes de gouvernance bancaire et risques financiers dans la zone UEMOA : Une analyse économétrique par les données de panel.
  17. Demirguç-Kunt A Detragiache,E (1917). Financial Liberalization and Financial Fragility.
  18. Demirguç-Kunt A Detragiache,E (1999). Monitoring banking sector fragility: A multivariate Logit Approach with an Application to the 1996-97 Banking Crises.
  19. M Feridun (2005). East Asian Financial crisis revisited: An econometric Analysis (1981-2001).
  20. Anthony Onwuegbuzie,Rachael Wilcox,Vanessa Gonzales,Susan Hoisington,Jarod Lambert,John Jordan,Majed Aleisa,Cindy Benge,Melanie Wachsmann,Rachel Valle (2007). Collaboration Patterns Among Mixed Researchers: A Multidisciplinary Examination.
  21. J Frankel,Rose (1996). Currency crashes in emerging markets: An empirical treatment.
  22. Serge-Eric Gadioux (2010). Qu'est-ce qu'une banque responsable ? Repères théoriques, pratiques et perspectives.
  23. A Gande,John Senbet,L (2008). Bank incentives, economic specialization, and financial crises in emerging economies.
  24. Reuven Glick,Andrew Rose (1999). Contagion and trade.
  25. Theoharry Grammatikos,Robert Vermeulen (2012). Transmission of the financial and sovereign debt crises to the EMU: Stock prices, CDS spreads and exchange rates.
  26. Òscar Jordà,Martin Kornejew,Moritz Schularick,Alan Taylor (2006). Zombies at Large? Corporate Debt Overhang and the Macroeconomy.
  27. Cho-Hoi Hui,Tsz-Kin Chung (2011). Crash risk of the euro in the sovereign debt crisis of 2009–2010.
  28. C Hurlin (2003). Econométrie des variables qualitative.
  29. Inci,Li Mccarthy,J (1999). Financial contagion: A local correlation analysis.
  30. Michael Jensen (1993). The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems.
  31. Graciela Kaminsky,Carmen Reinhart (1999). The Twin Crises: The Causes of Banking and Balance-of-Payments Problems.
  32. G Kaminsky,S Schmukler (2008). Short-Run Pain Gain: The Effect of Financial Liberalization and Stock Market Cycles.
  33. Tuomas Komulainen,Johanna Lukkarila (2003). What drives financial crises in emerging markets?.
  34. L Laeven,R Levine (2009). Bank governance, regulation and risk taking.
  35. L Laeven,F Valencia (2008). Systemic Banking Crises: A New Database.
  36. L Laeven,F Valencia (2012). Systemic Banking Crises Database: An Update.
  37. D Lahet (2009). Le repositionnement des pays émergents : de la crise financière asiatique de 1997 à la crise 2008.
  38. D Lazar,A Todea,D Fillip (2012). Martingale difference hypothesis and financial crisis: Empirical evidence from European emerging foreign exchange markets.
  39. C Mamoghli,R Dhouibi (2009). Bank corporate governance and insolvency risk: Evidence from an emerging market.
  40. C Marsal,K Bouaiss (2009). Les mécanismes internes de gouvernance dans les banques : Un Etat de l'ART.
  41. Catherine Mathieu,Henri Sterdyniak (2009). La globalisation financière en crise.
  42. M Mink,De Haan,J (2013). Contagion during the Greek sovereign debt crisis.
  43. Luis Miotti,Dominique Plihon (2000). Libéralisation financière, spéculation et crises bancaires.
  44. F Moshirian (2001). The global financial crisis and the evolution of markets, institutions and regulation.
  45. Vasileios Pappas,Hilary Ingham,Marwan Izzeldin,G Steele (2013). Financial Markets Synchronization and Contagion: Evidence from CEE and Eurozone.
  46. H Rachdi (2008). A banking governance: An overview.
  47. Houssem Rachdi,Ines Ben Ameur (2011). Board Characteristics, Performance and Risk Taking Behaviour in Tunisian Banks.
  48. Bertrand Richard,Inès Masmoudi (2010). Crise financiere et gouvernance des banques.
  49. M Semmae (2011). Introduction au modèle de la gouvernance bancaire coopérative.

Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

Foued Sabbagh. 2017. \u201cFinancial Crises and Banking Governance in the Emerging Countries of South East Asian\u201d. Global Journal of Management and Business Research - B: Economic & Commerce GJMBR-B Volume 17 (GJMBR Volume 17 Issue B4).

Download Citation

Journal Specifications

Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

Keywords
Version of record

v1.2

Issue date
September 23, 2017

Language
fr
Experiance in AR

Explore published articles in an immersive Augmented Reality environment. Our platform converts research papers into interactive 3D books, allowing readers to view and interact with content using AR and VR compatible devices.

Read in 3D

Your published article is automatically converted into a realistic 3D book. Flip through pages and read research papers in a more engaging and interactive format.

Article Matrices
Total Views: 3508
Total Downloads: 1730
2026 Trends
Related Research
Our website is actively being updated, and changes may occur frequently. Please clear your browser cache if needed. For feedback or error reporting, please email [email protected]

Request Access

Please fill out the form below to request access to this research paper. Your request will be reviewed by the editorial or author team.
X

Quote and Order Details

Contact Person

Invoice Address

Notes or Comments

This is the heading

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

High-quality academic research articles on global topics and journals.

Financial Crises and Banking Governance in the Emerging Countries of South East Asian

Foued Sabbagh
Foued Sabbagh <p>University of Sousse</p>

Research Journals