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Persistent link: https://www.econbiz.de/10011381908
The paper investigates the role of CEO's equity and risk incentives in boosting securitization in the financial industry and in motivating executives to reduce the perceived risk while betting on it. Using a sample of US financial institutions over the period 2003-2009 we document that CEOs with...
Persistent link: https://www.econbiz.de/10013086514
Persistent link: https://www.econbiz.de/10011607449