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16 March 2011

ESBG: Corporate governance and access to finance


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The ESBG in collaboration with the AFI released a “Corporate governance and access to finance” study. This study reveals that countries with better standards of corporate governance tend to have higher levels of financial inclusion and deeper banking market penetration.


The present study aims at investigating the connection between Corporate Governance and Access to Finance in WSBI members from an eminently practical point of view, trying to address questions such as the following:

• To what extent are WSBI members' Corporate Governance practices suitable to foster Access to Finance in their country or region?
• Which Corporate Governance practices can be identified as particularly useful to deepen financial inclusion (in emerging and developing countries) or fighting financial exclusion (in industrial countries)?
• Are there some general “good practices” in Corporate Governance that can be identified as facilitating Access to Finance?
• To what extent are there differences among the diverse types of WSBI members worth mentioning in this regard?

This study will address a link between Corporate Governance and Access to Finance in WSBI members by means of statistical evidence from previous studies, specific statistical data collected from WSBI members through an ad-hoc questionnaire and five case studies, the selection of which was based on a sample to cover the diversity of WSBI members, in terms of types of institutions, regional representation and national income level.

Full paper


© European Savings Banks Group


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