Journal of Accounting and Management Vision

Journal of Accounting and Management Vision

The effect of ownership structure and legal capital adequacy requirements on risk-taking Banks listed on the Tehran Stock Exchange

Document Type : Original Article

Authors
1 iau
2 Azad mashhad
Abstract
The relationship between shareholders and managers is fraught with conflicts of interest arising from the separation of ownership and control of management, differences in the goals of shareholders and managers, and their information asymmetry. This conflict of interest is explained by the theory of representation. Because some owners do not have effective control over the portfolios they own, the ownership structure (characteristics of the owners and the extent of their ownership) is a potentially important element in determining the riskiness of companies, especially banks. Ownership structure is one of the important regulatory mechanisms in banks that has a direct and indirect impact on capital adequacy, investment and risk-taking of banks.
Keywords