Ahmed, Shaker; Sihvonen, Jukka; Vähämaa, Sami - 2023
This paper examines the influence of CEO and CFO age on bank risk-taking. Using data on large U.S. banks between 2006 … and 2018, we document a negative association between CEO age and the bank’s insolvency risk and market-based measures of … risk-taking after controlling for bank size, asset growth, funding and income structures, and various other bank …