Rules of remuneration of material risk takers and their implementation in the European Banks

József Tóth

MPRA Paper from University Library of Munich, Germany

Abstract: According to the new rules to be applied in the European Union, data on compensation of material risk takers are to be disclosed from year 2014. This paper overviews the different expectations regarding remuneration of bank managers highlighting the requirements of European Parliament and Council. Furthermore, it analyses data of 18 European banks disclosed based on the new lawful requirements. Based on empirical study it proves there is correlation between number of material risk takers and value of total assets.

Keywords: remuneration; compensation; bank (search for similar items in EconPapers)
JEL-codes: G20 G21 G28 J33 (search for similar items in EconPapers)
Date: 2015-11-10
New Economics Papers: this item is included in nep-rmg
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:67758

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