Strong Corporate Governance in Banks Boosts Economy and Builds Trust
Corporate governance is important for banks to function well. A study of Jordanian banks found that good corporate governance helps banks perform better. Things like transparency, laws, and clear rules can make banks more efficient and reduce risks. Good corporate governance also protects shareholders and stakeholders, making the economy more stable. By implementing good corporate governance, banks can improve market integration, solve governance problems, and build trust and transparency.