Board Independence's Impact on Australian Bank Performance

Created using ChatSlide

This research explores the interplay between board independence and financial performance, particularly in Australia's Big Four banks in the wake of reforms initiated after the Royal Commission from 2021 to 2025. It addresses a significant gap in the literature concerning corporate governance, examining theories such as Agency, Stewardship, and Resource Dependency. The study discusses the critical role of independent directors in enhancing transparency, accountability, and risk management....