Financial Crisis, Corporate Governance, and Bank Capital

Financial Crisis, Corporate Governance, and Bank Capital

Bhagat, Sanjai

Cambridge University Press

03/2017

256

Dura

Inglês

9781107170643

15 a 20 dias

500

Descrição não disponível.
1. Introduction; 2. Mortgage public policies: 'cause' of the crisis; 3. Pre-crisis executive compensation and misaligned incentives; 4. Managerial incentives hypothesis versus the unforeseen risk hypothesis; 5. Bank CEOs' buys and sells during 2000-8; 6. Executive compensation reform; 7. Director compensation policy; 8. Are large banks riskier?; 9. Bank capital structure and executive compensation; 10. Why banks should be mostly debt financed: parade of non sequiturs; 11. Conclusion.
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