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This thesis strives to offer new insights in two main areas. First, in the well-researched domain of payment cards chapters 2 and 3 investigate an aspect that has hitherto been scantly examined, namely, the fact that merchant usage fees differ substantially among merchant sectors. Additionally,...
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needed how banks are governed and how bank governance is associated with performance and risk taking. This report deals with … two important yet less extensively examined aspects of corporate governance in banks: executive team expertise and non …, risk and efficiency. Compensation analyses show strong variation in compensation schemes between banks and bank divisions …
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, unstable banks. Excessive banking activity arose by design. Using theoretical models from a public choice perspective, the …
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