This paper examines how corporate governance reform of banks relates to systemic risk. Although there has been … the goal of financial stability. The first part of the paper differentiates between kinds of risk that arise from the … kinds of risk that arise from interactions at the systemic level. It highlights why the risk-taking of banks presents, in …

decisions of the manager in terms of risk-taking and performance accounting. Besides, we could confirm that internal governance …

risk. I find that banks with higher CSR scores are less risky. This is driven by their external CSR investments and not by …, lower valuations, and greater risk than banks with a more balanced distribution between internal and external CSR … likely to contribute to systemic macroeconomic risk. …

While executive compensation is often blamed for the excessive risk taking by banks, little is known about the … price. Performance targets for bankers are not related to the risk of the bank, and ROE targets are not appropriately … adjusted for leverage. Consequently, the design of executive compensation in banking may encourage both high leverage and risk …

Profitabilitäts-, Risiko- und Effizienzmaße auf. Im Hinblick auf die Bonusniveaus der Bankmitarbeiter zeigt sich eine hohe … needed how banks are governed and how bank governance is associated with performance and risk taking. This report deals with …, risk and efficiency. Compensation analyses show strong variation in compensation schemes between banks and bank divisions …

monitor the over-emphasis on the maximization of short-term shareholder value without relativizing the risk taken to achieve …