Showing 41 - 50 of 245,476
Persistent link: https://www.econbiz.de/10011396985
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 …
Persistent link: https://www.econbiz.de/10013030722
other. We study the determinants of the level of bank's executive compensation based on the example of Poland. In particular …. Compensation committee as a new structure of bank governance in Poland, do not play an important role in setting executive … compensation in banks. We show that origin of the bank's parent company matters as banks tend to rely on the corporate governance …
Persistent link: https://www.econbiz.de/10013075367
compensation increase a bank’s contribution to systemic distress risk and systemic crash risk. We also predict and find that this … CEO incentive–systemic risk relation operates through three channels: (i) a bank’s engagement in non-interest income … relation is moderated by information transparency, bank size, market liquidity, and financial crisis. We also discuss relevant …
Persistent link: https://www.econbiz.de/10013405676
We classify a large sample of banks according to the geographic diversification of their international syndicated loan portfolio. Our results show that diversified banks maintain higher loan supply during banking crises in borrower countries. The positive loan supply effects lead to higher...
Persistent link: https://www.econbiz.de/10011993704
investor worries over whether the bank will experience funding or solvency problems. In line with this we find that calm … robustness of a bank when it comes to risks that affect both the solvency and liquidity situation of the bank. …
Persistent link: https://www.econbiz.de/10011740702
We develop a methodology to measure the capital shortfall of commercial banks in a market downturn, which we call stressed expected loss (SEL). We simulate a market downturn as a negative shock on interest rate and credit market risk factors that reflect the banks' market-sensitive assets. We...
Persistent link: https://www.econbiz.de/10011877252
Recent academic work and policy analysis give insight into the governance problems exposed by the financial crisis and suggest possible solutions. We begin this paper by explaining why governance of banks differs from governance of nonfinancial firms. We then look at four areas of governance:...
Persistent link: https://www.econbiz.de/10009160737
We construct a new systemic risk measure that quantifies vulnerability to fire-sale spillovers using detailed regulatory balance sheet data for U.S. commercial banks and repo market data for broker-dealers. Even for moderate shocks in normal times, fire-sale externalities can be substantial. For...
Persistent link: https://www.econbiz.de/10010202672
The UBS- Credit Suisse (CS) merger in March 2023, one of the biggest banking unions in history, was an emergency rescue deal engineered by Swiss authorities to avoid more market-shaking turmoil in global banking. The merger resulted in a significant increase in the combined stakeholder net...
Persistent link: https://www.econbiz.de/10014349670