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banks. We focus on the provisions that are aimed at reshaping bank boards' composition, functioning, and their members …' liabilities, and argue that they are unlikely to improve bank boards' effectiveness or prevent excessive risk-taking. We criticize … diversity requirements will worsen the shortage of bank directors, while requirements for induction and training and board …
Persistent link: https://www.econbiz.de/10013056692
Bank of Scotland with those at non-ailing banks in the UK; the other compares remuneration policies at UBS and Credit … Suisse.• The article analyses how the debate extended internationally to the whole banking sector, with managers' pay …
Persistent link: https://www.econbiz.de/10013136173
Failure in bank corporate governance has been seen as a contributing factor to excessive risk-taking pre-crisis with … managerial incentives on bank crisis performance is scarce. Moreover, bank strategy has not previously been accounted for. Hence …, this paper presents novel findings on drivers for bank risk-taking and crisis performance. Specifically, I find a positive …
Persistent link: https://www.econbiz.de/10013031714
In this Article we submit that the compensation structures at banks before the financial crisis were not necessarily flawed and that recent reforms in this area largely reflect already existing best practices. In Part I we review recent empirical studies on corporate governance and executive pay...
Persistent link: https://www.econbiz.de/10013132545
Persistent link: https://www.econbiz.de/10013064153
The paper outlines the developments in the EU regulatory framework for executive remuneration since 2004 and going through the financial crisis. It also presents the results of an analysis of the remuneration practices adopted by the largest European listed firms before and after the crisis,...
Persistent link: https://www.econbiz.de/10013073163
In this chapter, we analyse current trends in the regulation and practice of executive remuneration. No doubt, the role of regulation in this area is on the rise, particularly after the recent financial crisis, and the standards as to pay governance and structures are spreading from the...
Persistent link: https://www.econbiz.de/10013045689
We provide an estimate of the size of the shadow banking sector in Europe. We compare it to the shadow banking sector in the U.S. and discuss potential extensions and open issues related to data availability as well as the inclusion of aspects of hedge funds activities and exchange-traded funds....
Persistent link: https://www.econbiz.de/10013108750
How do concentration and competition in the European banking sector affect lending relationships between small and medium sized enterprises (SMEs) and their banks? Recent empirical evidence suggests that concentration and competition capture different characteristics of banking systems. Using a...
Persistent link: https://www.econbiz.de/10013152904
The aim of this study is to explore the relation between loan portfolio quality and lending in European banks over 2005-2014. We focus on lending behavior of banks from distressed countries since the Euro sovereign debt crisis. Our results confirm the existence of a negative nexus between poor...
Persistent link: https://www.econbiz.de/10012958454