Shareholder vs. stakeholder governance index and performance: evidence from the Tunisian quoted banks Online publication date: Wed, 20-Aug-2014
by Wissem Bouaziz; Abdelfettah Bouri
International Journal of Business Performance Management (IJBPM), Vol. 13, No. 3/4, 2012
Abstract: In this study, we investigate the association between bank performance and governance index of the Tunisian quoted banks. On the one hand, we estimate two types of banking governance index, such as the shareholder governance index and the stakeholder governance index using the data envelopment analysis (DEA) method. Then, we elaborate a classification of the Tunisian banks according to their governance practices and we classify the governance indexes relating to the bank ownership structure. Our results show that the private banks present the best shareholder governance index, whereas the privatised banks hold the best stakeholder governance index. On the other hand, we explore the impact of the governance index on the bank performance. We find evidence that the shareholder governance index is positively related to the shareholder performance and that the stakeholder governance index positively influences the stakeholder performance.
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Business Performance Management (IJBPM):
Login with your Inderscience username and password:
Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.
If you still need assistance, please email subs@inderscience.com
Our Blog 
Follow us on Twitter 
Visit us on Facebook