Anginer, Deniz; Demirguc-Kunt, Asli; Huizinga, Harry; … - Economics Research, World Bank Group - 2013
This paper examines how corporate governance and executive compensation affected bank capitalization strategies for an … lower bank capitalization. Boards of intermediate size, separation of the chief executive officer and chairman roles, and an … absence of anti-takeover provisions, in particular, lead to low bank capitalization. However, executive options and stock …