欧洲央行-SSM的适宜性和适当性工作对银行绩效的重要性——来自10年SSM工作的证据（英）-2025-46页.pdfVIP

WorkingPaperSeries

VivianvanBreemen,FrancescaFaella,TheimportanceoftheSSM’sfitness

ChristopherScheins,ClaudiaSchwarz

andproprietyworkforbanks’

performance–evidencefrom10

yearsofSSMwork

No3115

Disclaimer:ThispapershouldnotbereportedasrepresentingtheviewsoftheEuropeanCentralBank

(ECB).TheviewsexpressedarethoseoftheauthorsanddonotnecessarilyreflectthoseoftheECB.

Abstract

Inthispaper,weempiricallyinvestigatehowsuitabilityconcernsdetectedbytheSSM

inthefitnessandproprietyofmanagementbodyappointeesimpacttheperformanceof

Europeanbanksintheperiod2014-2023.Weprovideevidencethatmanagementbody

appointeeswheretheassessmentofthesupervisoryauthoritiesraisedconcerns,hada

negativeimpactonthebank’sfutureperformance.Thenegativeeffectcanbeattributedto

appointeeswherethesupervisoryassessmentrevealedsuchsevereconcernsthatancillary

measureswereimposed.TheseresultsoutlinetheimportanceoftheSSM’sworkfor

safeguardingthequalityofbank’scorporategovernanceandsuggestthattheSupervisors

seemtobeeffectiveinpointingoutthoseappointeesthatexhibitsevereconcerns.Inaddition,

wefindthatthedesignationoffemaleappointeesbysupervisedentitiesincreasedthebank’s

performancesustainably.Thisresultindicatesthatstimulatingdiversity,intermsofgender,in

themanagementbodiesofbankspositivelycontributedtobankperformance.

Keywords:managementbodyappointees,bankingsupervision,ancillarymeasures.

JELclassifications:G21,G28,G30,M14.

ECBWorkingPaperSerie