Conduct costs, governance and returns: evidence of large banks

Bace, Edward ORCID: https://orcid.org/0000-0003-4452-0350 (2015) Conduct costs, governance and returns: evidence of large banks. Journal of Professional Scholarship in Banking and Finance, 3 (1) . pp. 4-10. [Article]

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Abstract

This study examines conduct costs incurred by large international banks over the period 2008-2014, and notes a negative correlation between the level of such costs and equity investor returns in these institutions. This reinforces the importance of good governance in contributing to investor returns and confidence.

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