Anginer, Deniz; Demirguc-Kunt, Asli; Huizinga, Harry; … - C.E.P.R. Discussion Papers - 2013
This paper examines how corporate governance and executive compensation affect bank capitalization strategies for an … 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 options and stock …