Conventional wisdom leads to assert that good governance may underpin bank performance while bad governance destroys stability and soundness. We run a factor analysis to synthesize 23 bank board characteristics of the Eurostoxx banks into seven key features: independence, size, dedication, tenure, corporate governance quality, external perspective, competence, and diversity. We then use multiple regression and find that independence and board and committees size are the most relevant characteristics for banks risk-taking and in line with the agency theory, our results show that independence increases the solvency of banks, and size reduces it.

传统观点认为，良好的治理可能会支撑银行业绩，而糟糕的治理会破坏稳定性和稳健性。我们进行了一项因子分析，将 Eurostoxx 银行的 23 个银行董事会特征综合为七个关键特征：独立性、规模、奉献、任期、公司治理质量、外部视角、能力和多样性。然后我们使用多元回归发现独立性和董事会和委员会规模是银行风险承担最相关的特征，并且与代理理论一致，我们的结果表明独立性增加了银行的偿付能力，而规模则降低了它。