Juergen Seufert

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Australian banks improved their efficiency after the introduction in 2003 of the ASX Principles of Good Corporate Governance, which aimed for improved governance mechanisms and thus better control over bank management. AAP Image/Paul Miller

Good corporate governance is good for banks’ bottom line

Amir Arjomandi, University of Wollongong; Juergen Seufert, University of Nottingham, and Ruhul Salim, Curtin University

Good corporate governance is good for efficiency and profit in banks. But having independent board members and the number of board meetings don’t play a role, research shows.

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