Bank-based corporate governance system

Bank-based corporate governance system

Organization of a supervisory board so that it is dominated by bankers and corporate insiders.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Bank-Based Corporate Governance System

The design of a board of directors so that most or all members are either bankers or insiders. The term is used most often in publicly-traded companies, but it can theoretically be used for any organization.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved