1Neddy Soi,2Dr. Josephat Cheboi Yegon,3Dr. David Kosgei
1,2,Moi University, Kenya ,School of Business and Economics Department of Accounting and Finance.
3Moi University, Kenya ,School of Business and Economics Department of Agricultural Economics.https://doi.org/10.47191/jefms/v4-i6-16
The purpose of this study is to examine the effect of board ownership on risk-taking. The study uses a sample of 31 Kenyan banks and data for 2008-2018. The study finds that board ownership has a significantly negative effect on risk-taking. In addition, the results indicate that firm age, size, and bank capitalization positively affect risk-taking. Thus, the study has both managerial and policy implications.
Board ownership, risk-taking, commercial banks.
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