Corporate governance and managerial performance in the financial sector: A proposal for a new method of scoring

Abstract

The study is a proposal of a new scoring system to analyse the degree of compliance with the most important corporate governance principles using a sample of more than 150 companies from various countries around the world. The thirteen mechanisms were selected from the principles included in different national or international Codes of Corporate Governance. The analysis explores especially banking and insurance industries and the results can be better understood taking into account the particularities of each type of financial system.