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Abstract
Abstract: This paper examines how the Basel Committee on Banking Supervision’s Corporate Governance Principles improve governance practices in commercial banks and enhance their financial performance. Using a qualitative synthesis of recent empirical studies and regulatory frameworks, the research highlights the role of Basel standards in strengthening board oversight, risk management, internal controls, transparency, and accountability. Evidence from diverse countries such as Kenya, Jordan, Poland, and Iraq demonstrate that adopting Basel principles supports bank soundness, profitability, and resilience against financial shocks. The study also discusses challenges in implementing these principles across different regulatory environments and emphasizes the need for contextual adaptation to maximize their effectiveness. Ultimately, the Basel governance framework is shown to be a critical tool for promoting sustainable, stable, and transparent banking systems worldwide.
References
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