Why Do Banks Fail Together? Evidence from Executive Compensation

Recent bank failures have elicited extensive interest about the causes, focusing on incompetence of bank executives, policymakers, bank regulators and ...

Deniz Anginer, Jinjing Liu, Cindy A. Schipani & H. Nejat Seyhun, Why Do Banks Fail Together? Evidence from Executive Compensation, 29 Fordham J. Corp. & Fin. L ...

Why Do Banks Fail Together? Evidence From Executive ...

We argue that while bank executives are incentivized to increase systemic risk for the best interest of shareholders, these incentives also ...

Poor Performance and CEO Turnover in Community Banks - FDIC

However, we do not find conclusive evidence that transitions to female leadership would lead to post- turnover improvements in financial ...

Executive compensation and competition in the banking ... - INSEAD

In addition to this, we show that not only does the total amount of variable pay increase, but the sensitivity of pay to performance also increases. Firms in ...

CEO compensation and bank's performance following bank-rescue

Overall, there is limited evidence, however, on evaluating rescued banks' performance ... Mishkin, F.S. (2006), “How big a problem is too big to fail? A ...

Executive compensation, risk and performance: evidence from the ...

Given that higher executive compensation is related to riskier corporate decision in firms, this study incorporates total wealth (i.e. ...

Bank Executive Compensation Structure, Risk Taking and the ...

Interestingly, we find strong evidence of greater moral hazard behavior in larger institutions. Larger banks, especially those that are too big to fail ...

Corporate Governance in the 2007-2008 Financial Crisis - FDIC

CEO Compensation and Bank Risk: Is Compensation in. Banking Structured to Promote ... Executive Pay and Performance Evidence from the. U.S. Banking Industry.

The Dark Side of Executive Compensation Duration: Evidence from ...

Taken together, we find robust evidence that CEO pay duration is associated with significantly inferior post-M&A performance. At the minimum ...

Executive pay and Risk-taking - Harvard Law School

Beyond banks receiving governmental support, we put forward a new strategy for banking regulation; we argue that monitoring and regulating bankers' pay should ...

NBER WORKING PAPER SERIES EXECUTIVE COMPENSATION

proportion of options to index, average compensation costs would only fall by 2.3%, and 75% of ... The evidence on the use of RPE in executive pay is mixed. One ...

CEO compensation, regulation, and risk in banks

We do not find evidence of interaction between CEOs' variable compensation ... This evidence, combined with a positive average market stock return from ...

Better safe than sorry? CEO inside debt and risk-taking in bank ...

Widespread bank losses during the financial crisis have raised concerns that equity-based compensation for bank CEOs causes excessive risk-taking.

How Important Are Risk-Taking Incentives in Executive ...

Zhu (2016) shows that “bonus banks” that pay out a fraction of bonuses to ... ) Executive stock options: evidence that premium and discount awards do matter.

Bank Failure: An Evaluation of the Factors Contributing to ... - OCC.gov

replaced the CEO, while 76 percent of the failed banks did so. The fact that ... analysis of the customer's ability to pay, the bank is in a sense volunteer-.

Looking Beyond the CEO: Executive Compensation at Banks

There is some evidence that CEO stature enhances pay-performance sensitivity at the largest ... executives that did not fall into one of the first five ...

Pay for Banker Performance: Structuring Executive Compensation ...

The run becomes a self-fulfilling prophecy, and the liquidity crunch will cause even a solvent bank to fail. In this sense, then, commercial banking is ...

NBER WORKING PAPER SERIES INCENTIVE PAY AND BANK ...

Seeking Alpha, Taking Risk: Evidence from Non-Executive Pay in U.S. Bank Holding Companies. ... How big banks fail and what to Do about it. Princeton ...

Executive Stock Options and Systemic Risk

Collectively, our evidence suggests that bank executives' incentive-compensation ... tics that influence the bank-executive match can affect both bank executives' ...