<abstract xmlns="http://www.w3.org/1999/xhtml"><p> The aim of this paper is to carry out a comparative study for nationality diversity in bank boards. The study covers practices of board diversity of nine commercial banks. The data are compared for subsidiary banks in Bulgaria and their parent banks from the home country. The study defines a high degree of nationality diversity in subsidiary banks. The Bulgarian banks have a higher number of foreign members on boards compared to their parent banks. The good practices on board diversity in Bulgarian banks are a consequence of their subordination in European financial conglomerates and are aimed to reduce agent conflicts.</p></abstract>

The aim of this paper is to carry out a comparative study for nationality diversity in bank boards. The study covers practices of board diversity of nine commercial banks. The data are compared for subsidiary banks in Bulgaria and their parent banks from the home country. The study defines a high degree of nationality diversity in subsidiary banks. The Bulgarian banks have a higher number of foreign members on boards compared to their parent banks. The good practices on board diversity in Bulgarian banks are a consequence of their subordination in European financial conglomerates and are aimed to reduce agent conflicts.

Nationality Diversity of Bank Boards

Naše gospodarstvo/Our economy

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

{"article-title":"Nationality Diversity of Bank Boards"}

The aim of this paper is to carry out a comparative study for nationality diversity in bank boards. The study covers practices of board diversity of nine...

Nationality Diversity of Bank Boards

Published Online: Mar 28, 2018

Page range: 3 - 10

Received: Nov 01, 2017

Accepted: Feb 01, 2018

DOI: https://doi.org/10.2478/ngoe-2018-0001

Keywords
corporate governance, subsidiary banks, Bulgaria, comparative study

© 2018

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

Nationality Diversity of Bank Boards

Published Online: Mar 28, 2018

Page range: 3 - 10

Received: Nov 01, 2017

Accepted: Feb 01, 2018

DOI: https://doi.org/10.2478/ngoe-2018-0001

Keywordscorporate governance, subsidiary banks, Bulgaria, comparative study

© 2018

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

Keywords
corporate governance, subsidiary banks, Bulgaria, comparative study