الفهرس 
Investigating the Role of Risk Governance in Banks and Its Impact on Performance and Capital Requirements: An Empirical Study
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Abstract
The aim of this study is to examine the impact of banks’ risk governance
(RG) on Egyptian listed banks’ performance and capital requirements as
prescribed in Basel regulations. Secondary data from annual reports of all
twelve banks listed on the Egyptian Stock Market (EGX) over a period of
eleven years (2010-2020) are analyzed using dynamic Ordinary Least
Squares method; where the risk governance is presented by the proxy of the
presence of Chief Risk Officer (CRO), risk committee, and audit committee
characteristics. The results support the role of banks’ risk governance in
improving banks’ both market-based and accounting-based performance.
These findings support the importance of having an independent risk
committee and a powerful Chief Risk Officer (CRO), because they can
regulate banks’ increasing risk and acquire the advantages of capital
requirements by investing assets in more profitable ways with low risk. This
study is one of the few empirical attempts in emerging economics to link
bank risk governance, risk-taking behavior, performance, and capital
adequacy ratio as defined by Basel III.