Cihak, Martin; Demirguc-Kunt, Asli; Johnston, R. Barry - Economics Research, World Bank Group - 2013
A large body of evidence points to misaligned incentives as having a key role in the run-up to the global financial crisis. These include bank managers'incentives to boost short-term profits and create banks that are"too big to fail,"regulators'incentives to forebear and withhold information...