Corporate Governance and its impact on Financial Risk

被引：0

作者：

Musa, Hussam ^{[1
]}

Debnarova, Lenka ^{[1
]}

Kristofik, Peter ^{[1
]}

机构：

[1] Matej Bel Univ Banska Bystrica, Fac Econ, Banska Bystrica 97590, Slovakia

来源：

MANAGING AND MODELLING OF FINANCIAL RISKS: 7TH INTERNATIONAL SCIENTIFIC CONFERENCE, PTS I-III | 2014年

关键词：

Corporate governance; Corporate governance index; Financial risk; Volatility; Bratislava Stock Exchange;

D O I：

暂无

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

The global financial crisis has highlighted the importance of corporate governance in restoring trust in global financial market. Meaning of trust in the global financial market is often associated with low-risk investments. This paper focuses on the role of corporate governance in mitigating market risk which is measured by the volatility of stock prices on the Bratislava Stock Exchange. We estimated the level of corporate governance by corporate governance index, which was compiled for each company separately and based on information available in the annual reports of companies. To the best of our knowledge, this is the first paper to investigate the link between corporate governance and market risk using data of companies on the Bratislava Stock Exchange

引用

页码：529 / 535

页数：7