Using a sample of US bank mergers from 1995 to 2012, we observe that the pre-post merger changes in CEO bonus are … significantly negatively related to the strength of corporate governance within the bidding bank. This suggests that bonus …

We employ a unique sample of 5000 outside directorships held by German executive bank directors over 1993-2015 to … circumstances of executive directors' appointments and bank performance with bank-fixed-effect and difference …-in-differences estimations to show that outside directorships enhance value for the bank and improve executives' career outcomes, mostly because …

This paper analyzes how ownership concentration and managerial incentives influences bank risk for a large sample of US … positive total effect on bank risk. This is the result of a positive direct effect, which reflects monitoring and opportunistic … shareholder preferences toward risk. Large shareholders reduce bank risk by reducing the sensitivity of CEO wealth to stock …

of the 2007 financial crisis. Using intra-bank variations, it provides empirical evidence that banks with overconfident … overconfident managers. Endogenous manager selection as a reaction to illiquid markets, as well as signaling or the use of private …

We investigate the (unintended) effects of bank executive compensation regulation. Capping the share of variable … bank performance appears to be unaffected by the bonus cap. Risk hikes are consistent with an insurance effect associated …

This paper investigates how bank CEO risk-taking incentives influence bank lending decisions. Consistent with the … standards in bank loan contracts to pursue higher compensation. We find that banks with a high vega tend to charge a … create an agency problem between a bank manager and shareholders …