Showing 1 - 2 of 2
We investigate the effect of managerial incentives and market power on bank risk-taking for a sample of 212 large US bank holding companies over 1997-2004 (i.e. 1,534 observations). Bank managers have incentives to prefer less risk while bank shareholders have preference for ‘excessive’...
Persistent link: https://www.econbiz.de/10009448755
Delegation is a powerful mechanism to provide flexible and dynamic access control decisions. Delegation is particularly … federation. Although many delegation schemes have been studied, current models do not seriously take into account the issue of … delegation commitment of the involved parties. In order to address this issue, this paper introduces a new mechanism to help …
Persistent link: https://www.econbiz.de/10009437840