POLITICIZATION AND FINANCIAL EXPERTISE IN SPANISH SAVINGS BANKS. PATTERNS IN THE CONFIGURATION OF THEIR BOARDS

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Published: 2018-02-25
DOI: https://doi.org/10.3232/UBR.2018.V15.N1.01

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Pablo de Andrés Alonso
Autonoma University of Madrid
Íñigo García Rodriguez
Autonoma University of Madrid
M. Elena Romero Merino
University of Burgos
Marcos Santamaria-Mariscal
University of Burgos

Abstract

This study examines the politicization and financial knowledge-experience of the boards of directors of Spanish savings banks. To do this, we build a database with the biographic information of directors during the period 2004-2010. The results of the cluster analysis show the existence of four types of boards, depending on the politicization and the financial expertise of its members. Furthermore, we find that savings banks with higher financial expertise in their boards have higher levels of financial solvency.

Article Details

Issue

No. 57 (2018): FIRST QUARTER

Section

Finance and Accounting

How to Cite

POLITICIZATION AND FINANCIAL EXPERTISE IN SPANISH SAVINGS BANKS. PATTERNS IN THE CONFIGURATION OF THEIR BOARDS. (2018). UCJC Business and Society Review (formerly Known As Universia Business Review), 57. https://doi.org/10.3232/UBR.2018.V15.N1.01

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