Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/306486 
Year of Publication: 
2024
Series/Report no.: 
EconPol Policy Brief No. 64
Publisher: 
CESifo GmbH, Munich
Abstract: 
The downfall of Credit Suisse should serve as a lesson that supervisory board competence determines the long-term risk of a bank. In a much-cited study, we investigated the relationship between competent board supervision and the performance of German banks during the 2008/2009 financial crisis. This policy brief summarizes the results of our updated study, which shows that despite legislative efforts, there is still a long way to go.
Document Type: 
Research Report

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