Please use this identifier to cite or link to this item: http://hdl.handle.net/10316/89399
DC FieldValueLanguage
dc.contributor.authorProença, Catarina-
dc.contributor.authorAugusto, Mário António Gomes-
dc.contributor.authorMurteira, José Maria Ruas-
dc.date.accessioned2020-05-20T07:47:17Z-
dc.date.available2020-05-20T07:47:17Z-
dc.date.issued2020-05-19-
dc.identifier.urihttp://hdl.handle.net/10316/89399-
dc.description.abstractThis study investigates the effect of the political connections of members of banks' Boards of Directors on the remuneration of these boards, taking into account the gender diversity of their members. Using a panel of observations on 77 banks supervised by the ECB for the period 2013 to 2017, and the generalized method of moments (GMM), our results show that, when analyzing linear effects, political connections have a negative impact on the remuneration of the members of the banks' Boards of Directors, reducing them. However, when investigating the possible moderating effect, we found that when gender diversity is high, there is a non-linear, inverted U-shaped relationship between the political connections and the remuneration of members of the Boards of Directors of banks. Our results also show that the differentiating characteristics of the female gender, accentuate the negative effects of political connections on remuneration, making the institution's interests to be privileged at the expense of those of its personal agendas.Overall, these general results prove to be robust across different choices of the measures used for gender diversity.pt
dc.language.isoengpt
dc.relation.ispartofseriesCeBER Working Paper 2020-08;-
dc.rightsopenAccesspt
dc.subjectPolitical connections, Gender diversity, Remuneration, ECB, GMMpt
dc.titlePolitical connections and remuneration of bank board's members: Moderating effect of gender diversitypt
dc.typeworkingPaperpt
degois.publication.firstPage1pt
degois.publication.lastPage50pt
degois.publication.locationhttps://www.uc.pt/en/uid/ceber/working-paper?key=338bf53fpt
dc.peerreviewedyespt
dc.date.embargo2020-05-19*
uc.date.periodoEmbargo0pt
item.fulltextCom Texto completo-
item.languageiso639-1en-
item.grantfulltextopen-
crisitem.author.deptFaculdade de Economia, Universidade de Coimbra-
crisitem.author.researchunitINSTITUTE OF SYSTEMS AND ROBOTICS-
crisitem.author.researchunitCentre for Business and Economics Research-
crisitem.author.researchunitCentre for Business and Economics Research-
crisitem.author.orcid0000-0003-0382-9802-
crisitem.author.orcid0000-0001-7345-1679-
crisitem.author.orcid0000-0002-0798-7456-
Appears in Collections:I&D CeBER - Working Papers
Files in This Item:
File Description SizeFormat
WP_CEBER_2020_.pdfPolitical connections and remuneration of bank board's members: Moderating effect of gender diversity543.35 kBAdobe PDFView/Open
Show simple item record

Page view(s)

103
checked on May 27, 2020

Download(s)

4
checked on May 27, 2020

Google ScholarTM

Check


Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.