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Das internationale Bankensystem stand in den vergangenen Jahren im Fokus des öffentlichen Interesses. Bei der Diskussion möglicher Optionen zur Verbesserung der Finanzsystemstabilität rückt zunehmend die Corporate Governance in Banken in den Fokus. Der vorliegende Forschungsbericht widmet...
Persistent link: https://www.econbiz.de/10011698354
needed how banks are governed and how bank governance is associated with performance and risk taking. This report deals with … corporate governance matter. Higher executive team expertise is associated with superior bank outcomes regarding performance …
Persistent link: https://www.econbiz.de/10011742813
We study the impact of accelerated vesting of equity awards on takeovers, whereby the restricted stock and/or stock options of the target CEO immediately vest and become unrestricted upon the close of the acquisition. We find that takeover premiums are significantly larger when the target CEO...
Persistent link: https://www.econbiz.de/10013117248
performance, and undertake riskier deals than acquirers without a contract. Further investigation of individual contract …
Persistent link: https://www.econbiz.de/10013083291
This paper examines the relationship between executive cash compensation and company performance for a sample of large … increased substantially over the period 1994-2006, and we provide evidence on the movement in the pay-performance sensitivity … over time. We find that although pay in the financial services sector is high, the cash pay-performance sensitivity of …
Persistent link: https://www.econbiz.de/10013126687
This paper investigates the effects of managerial mergers and acquisitions related investment strategies on the exit risk of firms. Using a sample of hyperactive bidders, I show that managerial excessive acquisitiveness can precipitate firm exit. Overbidding is associated with weak corporate...
Persistent link: https://www.econbiz.de/10012905114
other stakeholders). Our results control for CEO pay-performance sensitivity and offer evidence consistent with a causal …
Persistent link: https://www.econbiz.de/10013133407
The first convergence project of IASB and FASB created the widely equivalent international and U.S. accounting standards for business combinations IFRS 3 and SFAS 141. The purchase price must be allocated to identifiable assets acquired and liabilities assumed with the residual amount recognized...
Persistent link: https://www.econbiz.de/10013133236
performance plan in place …
Persistent link: https://www.econbiz.de/10013113898
the change in information uncertainty is negatively related to acquirer long-term stock performance, after controlling for …
Persistent link: https://www.econbiz.de/10013124334