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Governance in Lebanese Banks: An Exploratory Research Before the COVID-19 Era

Asian Business Research

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Field Value
 
Title Governance in Lebanese Banks: An Exploratory Research Before the COVID-19 Era
 
Creator Hejase, Hussin J.
Hejase, Ale J.
Nemer, Fatima
Fayyad-Kazan, Hassan
 
Description Banks locally and abroad have been subject to several financial crises which led top managers to look critically at their current practices in managing the financial resources in order to avoid losses and to prevent giving a negative image to the community of their customers. Parallel to the aforementioned events, banks have been observing an evolution of the banking investment activities in addition to the transformation of the financial market into an open market system.The different events characterized by higher risks and higher demands for financial services have incited banks to explore and emphasize the importance of governance principles. In this study, the researchers will expose the importance of governance and its main principles in the banking systems. The study will also address the aforementioned pertinent to its implementation according to the activities of Basel Committee on banking supervision. The aim of the study is to assess via a quantitative approach the actual governance practices within a convenient sample of Lebanese banks. The outcomes show that the selected banks abide by the principles of Corporate Governance required by Basel as well as by the Central Bank of Lebanon. Results also address the effect of sound governance on the performance of the Banks in question. Findings will serve to issue recommendations about best practices and to encourage the adoption of sound decisions to adopt Corporate Governance principles.
 
Publisher July Press Pte. Ltd.
 
Contributor
 
Date 2021-05-08
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://journal.julypress.com/index.php/abr/article/view/893
10.20849/abr.v6i1.893
 
Source Asian Business Research; Vol 6, No 1 (2021); p1
2424-8983
2424-8479
 
Language eng
 
Relation http://journal.julypress.com/index.php/abr/article/view/893/643
 
Rights Copyright (c) 2021 Hussin J. Hejase, Ale J. Hejase, Fatima Nemer, Hassan Fayyad-Kazan
http://creativecommons.org/licenses/by/4.0