000129621 001__ 129621
000129621 005__ 20240104102231.0
000129621 0247_ $$2doi$$a10.1080/09540962.2020.1793496
000129621 0248_ $$2sideral$$a118807
000129621 037__ $$aART-2021-118807
000129621 041__ $$aeng
000129621 100__ $$0(orcid)0000-0003-4623-1448$$aTorres, Lourdes$$uUniversidad de Zaragoza
000129621 245__ $$aThe relationship between politicization and the Spanish savings banks’ defaults
000129621 260__ $$c2021
000129621 5060_ $$aAccess copy available to the general public$$fUnrestricted
000129621 5203_ $$aThe heavy politicization of the corporate governance of the Spanish savings banks is shown in this paper to be a key factor explaining a large number of defaults. The authors explain the effect of political influence on savings banks boards of directors and provide empirical evidence about the factors that led to both poor performance and failures. The authors found a negative association between the percentage of savings banks’ board members appointed by politicians and performance. The demise of savings banks was important in terms of the public sector finances because the Spanish government had to spend millions of euros to rescue the banking system, with consequent cuts in government spending in other areas.
000129621 536__ $$9info:eu-repo/grantAgreement/ES/DGA-FEDER/S56-17R$$9info:eu-repo/grantAgreement/ES/MINECO-FEDER/PID2019-106857GB-I00$$9info:eu-repo/grantAgreement/ES/UZ/JIUZ-2018-SOC-01$$9info:eu-repo/grantAgreement/ES/UZ/UZ2019-SOC-05
000129621 540__ $$9info:eu-repo/semantics/openAccess$$aby-nc-nd$$uhttp://creativecommons.org/licenses/by-nc-nd/3.0/es/
000129621 590__ $$a3.04$$b2021
000129621 591__ $$aPUBLIC ADMINISTRATION$$b19 / 49 = 0.388$$c2021$$dQ2$$eT2
000129621 592__ $$a0.647$$b2021
000129621 593__ $$aAccounting$$c2021$$dQ1
000129621 593__ $$aSociology and Political Science$$c2021$$dQ1
000129621 593__ $$aPublic Administration$$c2021$$dQ1
000129621 593__ $$aFinance$$c2021$$dQ1
000129621 594__ $$a3.2$$b2021
000129621 655_4 $$ainfo:eu-repo/semantics/article$$vinfo:eu-repo/semantics/acceptedVersion
000129621 700__ $$0(orcid)0000-0002-9416-2224$$aPina, Vicente$$uUniversidad de Zaragoza
000129621 700__ $$0(orcid)0000-0001-6661-1128$$aBachiller, Patricia$$uUniversidad de Zaragoza
000129621 7102_ $$14002$$2230$$aUniversidad de Zaragoza$$bDpto. Contabilidad y Finanzas$$cÁrea Economía Finan. y Contab.
000129621 773__ $$g41, 8 (2021), 586-593$$pPublic money manag.$$tPUBLIC MONEY & MANAGEMENT$$x0954-0962
000129621 8564_ $$s231343$$uhttps://zaguan.unizar.es/record/129621/files/texto_completo.pdf$$yPostprint
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000129621 951__ $$a2024-01-04-09:06:17
000129621 980__ $$aARTICLE