Efforts to control bank risk address the wrong problem in the wrong way. They presume that the financial crisis was … act in the bank's best interests, they will still be trapped into providing incentives that encourage risk-taking by non …, in turn, the amount a non-executive receives, potentially at the expense of long-term bank value. Non …

Efforts to control bank risk address the wrong problem in the wrong way. They presume that the financial crisis was … act in the bank's best interests, they will still be trapped into providing incentives that encourage risk-taking by non …, in turn, the amount a non-executive receives, potentially at the expense of long-term bank value. Non …

financial firms engage in excessive risk-taking mainly through increased leverage. Third, we find that bank corporate governance …