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analysis suggests that bank past performance (captured by return on equity) strongly moderates the relationship between … executive compensation and risk-taking. We also find a modest U-shaped association of bank Z-score with executive compensation …. Our study appears to support the regulation on executive compensation for the sake of bank stability …
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diversification on bank risk-taking. Our results show that the relation between portfolio diversification and bank risk-taking is both … time a specific channel through which financial development, in the form of bank shareholders' diversification, affects the …
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