Template-type: ReDIF-Paper 1.0
Author-Name: Teresa garcía Marco
Author-Email: tgmarco@unavarra.es
Author-Workplace-Name: Universidad Pública de Navarra, Departamento de Fundamentos del Análisis Económico II. 
Author-Name: M. Dolores Robles-Fernández 
Author-Email: mdrobles@ccee.ucm.es
Author-Workplace-Name: Universidad Complutense de Madrid, Dpto. de Fundamentos y Análisis Económico II
Title: Risk tasking behaviour and ownership in the banking industry: the Spanish evidence
Abstract: This paper analyses the determinant of risk_taking in the Spanish financial intermediaries 
	with special emphasis on the ownership structure and size of the different entities. On the one hand, 
	the soecific legal configuration of Spanish Savings banks may lead them to differ from Commercial banks 
	in their risk behaviour. In particular, they may make riskier investments. Nevertheless,other theories 
	indicate that greater stockholder control in Commercial banks may induce them towards greater risk_taking 
	in certain situations. In this paper we test these hypotheses with a dynamic pañel data model (1993_2000) 
	for Spanish Commercial banks and Savings banks. We analyse whether differences in risk behaviour are 
	related to different ownership structures or to other factors such as the size of the entity.
Classification-JEL: C33, G21, G32
Keywords: Commercial banks, Savings banks, Corporate control, Ownership structure, Bank risk_taking
Length: 36 pages 
Creation-Date: 2005
X-File-Ref: http://america.sim.ucm.es/repec/ucm/ref/doicae0507.txt
File-URL: https://eprints.ucm.es/id/eprint/7898/1/0507.pdf
File-Format: Application/pdf
Handle: RePEc:ucm:doicae:0507