The aim of this paper is to study the relation between banksβ ownership structure and their risk-taking behavior. Additionally, we examine the impact of banking regulation on banksβ approach to taking risk. The empirical analysis considers a sample of listed banks from EU countries over the period of 2011 to 2016. We found that the structure of the board of directors can influence bank risk behavior but not the ownership concentration. No significant relation was found between the influence of the regulatory environment and bank risk, i.e., stricter regulation has no effect on risk taking by banks.info:eu-repo/semantics/publishedVersio
