JEFMS Journal

ABSTRACT:

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.

KEYWORDS:

Board ownership, risk-taking, commercial banks.

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