This study examines three issues related to the sensitivity of bank CEO compensation to risk, or vega: (1) its relevance compared with CEO compensation vega in industrial firms; (2) its determinants; and (3) its effect on bank risk-taking. Using a sample of 156 U.S. bank holding companies (BHCs)...

This article examines the interrelations among five ownership and board characteristics in a sample of 260 banks and Savings-and-Loan Holding Companies (SLHCs). These governance characteristics, designed to reduce agency problems between shareholders and managers are insider ownership,...

Using an exhaustive sample of banks in the Gulf Cooperation Council region, in the years 2007 to 2009, this research examines the relative operating performance and risk-taking behavior of Islamic and non-Islamic banks during the global financial crisis and the role played by their corporate...