Figure 10
A vertical bar graph shows frequently used governance indicators.The vertical axis ranges from 0 to 30 in increments of 5 units. The horizontal axis is labeled from left to right as follows: “Board Size,” “Legal Form,” “C E O Duality,” “Female Board,” “Regulation,” “Internal Audit,” “Female C E O,” “Female Director,” “Female Manager,” “Independent Director,” “Lending Method,” “Questionnaire,” “Clients Board,” “Rating,” “Donor Board,” “Female Chairman,” “International Directors,” “Audit,” “Board Gender Diversity,” “Board Independence,” “Board Meet,” “Competition,” “Employees Board,” “Political Stability,” “Bank Regulated,” “C E O Tenure,” “C E O’s Experience,” “Control of Corruption,” “Directors Representing Clients or Borrowers,” “Donations,” “Executive Pay,” “Experience of the Manager,” “Fixed Wage,” “Government Effectiveness,” “Index of Public Governance,” “Index of Corporate Governance,” “International Directors and Donor Directors on Board,” “International Initiation,” “Local Businessman in the Board,” “Non Executive Directors on Board,” “Rated,” “Risk Coverage,” “Urban Market,” “Voice and Accountability,” and “Voluntary Disclosure. The data from the bars are listed below: Board size: 28. Legal form: 21. C E O Duality: 20. Female board: 16. Regulation: 10. Internal Audit: 10. Female C E O: 7. Female director: 6. Female manager: 6. Independent director: 6. Lending method: 6. Questionnaire: 7. Clients Board: 5. Rating: 5. Donor Board: 4. Female Chairman: 4. International directors: 4. Audit: 3. Board gender diversity: 3. Board independence: 3. Board meet: 3. Competition: 3. Employees Board: 3. Political stability: 3. Bank regulated: 2. C E O tenure: 2. C E O's Experience: 2. Control of corruption: 2. Directors representing clients or borrowers: 2. Donations: 2. Executive Pay: 2. Experience of the manager: 2. Fixed Wage: 2. Government effectiveness: 2. Index of Public Governance: 2. Index of corporate governance: 2. International directors and donor directors on board: 2. International initiation: 2. Local businessman in the board: 2. Non executive directors on board: 2. Rated: 2. Risk coverage: 2. Urban Market: 2. Voice and accountability: 2. Voluntary disclosure: 2. Note: All numerical data values are approximated.

Frequently used governance indicators. Source: Figure by the authors

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