Ownership structure and risk at Colombian banks

dc.creatorMartínez, Constanza
dc.creatorRamírez Gómez, Manuel
dc.date.accessioned2015-09-18T14:25:37Z
dc.date.available2015-09-18T14:25:37Z
dc.date.created2015-09-18T14:25:37Z
dc.date.issued2011
dc.identifierMartínez, C., & Ramírez, M. (2011). Ownership structure and risk at Colombian banks. Bogotá: Universidad del Rosario.
dc.identifierhttp://repository.urosario.edu.co/handle/10336/10822
dc.identifierUniversidad del Rosario
dc.identifierhttps://doi.org/10.48713/10336_10822
dc.description.abstractThe separation between ownership and the control of capital in banks generates differences in the preferences for risk among shareholders and the manager. These differences could imply a corporate governance problem in banks with a dispersed ownership, since owners fail to exert control in the allocation of capital. In this paper we examine the relationship between the ownership structure and risk for Colombian banks. Our results suggest that a high ownership concentration leads to higher levels of risk.
dc.languagespa
dc.publisherUniversidad del Rosario
dc.publisherFacultad de Economía
dc.relationSerie documentos de trabajo. No 91 (Febrero 2011)
dc.relationhttps://ideas.repec.org/p/col/000092/008016.html
dc.relationNo. 91
dc.relationSerie Documentos de trabajo. Economía
dc.rightsinfo:eu-repo/semantics/openAccess
dc.rightsAbierto (Texto completo)
dc.rightsAtribución-NoComercial-SinDerivadas 2.5 Colombia
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dc.sourceinstname:Universidad del Rosario
dc.sourceinstname:Universidad del Rosario
dc.sourcereponame:Repositorio Institucional EdocUR
dc.titleOwnership structure and risk at Colombian banks
dc.typeworkingPaper


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