Huizinga, Harry P.; Anginer, D.; Demirgüc-Kunt, A.; Ma, K. - Tilburg University, Center for Economic Research - 2013
Abstract: This paper examines how corporate governance and executive compensation affect bank capitalization strategies … interests, is found to give rise to lower bank capitalization. Boards of intermediate size, separation of the CEO and chairman … roles, and an absence of anti-takeover provisions, in particular, lead to low bank capitalization. However, executive …