Employing compensation data provided by 63 banks from 16 European countries for the period from 2000 to 2010 this paper … empirically investigates the impact of excess variable compensation on bank risk. As a main finding, we provide evidence for a … risk-increasing impact of excess variable pay for both executive variable cash-based and variable equity-based compensation …

We analyze how the structure of executive compensation affects the risk choices made by bank CEOs. For a sample of … link between financial stability and the risk-taking incentives embedded in the executive compensation contracts at banks …

compensation in financial firms and excessive risk taking by their employees. A key concern has been that compensation design … compensation in an escrowed cash reserve account. The cash accrues to the earners on a vesting schedule, but is transferred to the … the role of deferred cash compensation in promoting financial stability with that of other instruments, such as inside …

Greater gender diversity on bank board of directors is associated with higher compensation inequality because CEOs at …-salary compensation …

-executive compensation schemes. Both aspects are analyzed in two separate empirical studies, respectively. The analyses are based on two …, risk and efficiency. Compensation analyses show strong variation in compensation schemes between banks and bank divisions …

Recent financial crisis has renewed attention on compensation schemes and their impact on risk-taking in depository … robust to the consideration of the joint determination of compensation and risk as well as alternative risk measures …

Bank executives' compensation has been widely identified as a culprit in the Global Financial Crisis, and reform of … consistent with our hypotheses. Our empirical evidence provides a rationale for the use of inside debt compensation in … structuring executive compensation in the banking context …