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Fintech governance and performance: Implications for banking and financial stability

Research output: Contribution to journal › Article › peer-review

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Fintech governance and performance: Implications for banking and financial stability. / Ferilli, Greta; Altunbas, Yener; Stefanelli, Valeria et al.
In: Research in International Business and Finance, Vol. 70, No. B, 102349, 01.06.2024.

Research output: Contribution to journal › Article › peer-review

HarvardHarvard

Ferilli, G, Altunbas, Y, Stefanelli, V, Palmieri, E & Boscia, V 2024, 'Fintech governance and performance: Implications for banking and financial stability', Research in International Business and Finance, vol. 70, no. B, 102349. https://doi.org/10.1016/j.ribaf.2024.102349

APA

Ferilli, G., Altunbas, Y., Stefanelli, V., Palmieri, E., & Boscia, V. (2024). Fintech governance and performance: Implications for banking and financial stability. Research in International Business and Finance, 70(B), Article 102349. https://doi.org/10.1016/j.ribaf.2024.102349

CBE

Ferilli G, Altunbas Y, Stefanelli V, Palmieri E, Boscia V. 2024. Fintech governance and performance: Implications for banking and financial stability. Research in International Business and Finance. 70(B):Article 102349. https://doi.org/10.1016/j.ribaf.2024.102349

MLA

Ferilli, Greta et al. "Fintech governance and performance: Implications for banking and financial stability". Research in International Business and Finance. 2024. 70(B). https://doi.org/10.1016/j.ribaf.2024.102349

VancouverVancouver

Ferilli G, Altunbas Y, Stefanelli V, Palmieri E, Boscia V. Fintech governance and performance: Implications for banking and financial stability. Research in International Business and Finance. 2024 Jun 1;70(B):102349. Epub 2024 Apr 7. doi: 10.1016/j.ribaf.2024.102349

Author

Ferilli, Greta ; Altunbas, Yener ; Stefanelli, Valeria et al. / Fintech governance and performance: Implications for banking and financial stability. In: Research in International Business and Finance. 2024 ; Vol. 70, No. B.

RIS

TY - JOUR

T1 - Fintech governance and performance: Implications for banking and financial stability

AU - Ferilli, Greta

AU - Altunbas, Yener

AU - Stefanelli, Valeria

AU - Palmieri, Egidio

AU - Boscia, Vittorio

PY - 2024/6/1

Y1 - 2024/6/1

N2 - This paper explores the relationship between governance and performance of Fintech firms recalling Resource-Based View and Upper Echelons Theory principles. Using a pooling model, we identify key characteristics of Chief Executive Officers (CEOs) and Boards of Directors (BoDs) that can improve profitability and lower risk in Fintech firms. The findings highlight that an older BoD increases risk and profitability, while a larger BoD reduces returns and risk. Furthermore, having a female CEO impacts the likelihood of default, while CEOs with expertise in management or law are associated with lower profitability. The study provides empirical evidence that governance structures can decrease Fintech risk and increase financial stability, addressing a previously overlooked research area. Informed decisions by banks about Fintech partnerships, based on enhanced governance, can mitigate risks, and improve the overall stability of the financial system.

AB - This paper explores the relationship between governance and performance of Fintech firms recalling Resource-Based View and Upper Echelons Theory principles. Using a pooling model, we identify key characteristics of Chief Executive Officers (CEOs) and Boards of Directors (BoDs) that can improve profitability and lower risk in Fintech firms. The findings highlight that an older BoD increases risk and profitability, while a larger BoD reduces returns and risk. Furthermore, having a female CEO impacts the likelihood of default, while CEOs with expertise in management or law are associated with lower profitability. The study provides empirical evidence that governance structures can decrease Fintech risk and increase financial stability, addressing a previously overlooked research area. Informed decisions by banks about Fintech partnerships, based on enhanced governance, can mitigate risks, and improve the overall stability of the financial system.

KW - Banking Industry

KW - Fintech

KW - Governance Performance

KW - Financial stability

U2 - 10.1016/j.ribaf.2024.102349

DO - 10.1016/j.ribaf.2024.102349

M3 - Article

VL - 70

JO - Research in International Business and Finance

JF - Research in International Business and Finance

SN - 0275-5319

IS - B

M1 - 102349

ER -