Executive Compensation and Risk-taking in European Banking
Rym Ayadi (),
Emrah Arbak and
Willem Pieter De Groen
Chapter 8 in Research Handbook on International Banking and Governance, 2012 from Edward Elgar Publishing
The contributors – top international scholars from finance, law and business – explore the role of governance, both internal and external, in explaining risk-taking and other aspects of the behavior of financial institutions. Additionally, they discuss market and policy features affecting objectives and quality of governance. The chapters provide in-depth analysis of factors such as: ownership, efficiency and stability; market discipline; compensation and performance; social responsibility; and governance in non-bank financial institutions. Only through this kind of rigorous examination can one hope to implement the financial reforms necessary and sufficient to reduce the likelihood and severity of future crises.
Keywords: Economics and Finance; Law - Academic (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:elg:eechap:14045_8
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