This study examines whether bank risk is a factor influenced by chief executive officer (CEO) power and equity incentives and the interaction between these factors during 2005 through 2009 which marks the unraveling of the financial crisis. CEO power is measured with an index comprised of five...

Purpose – The purpose of this paper is to examine the association between institutional investor ownership and the compensation of executives at US banks during the financial crisis period. Design/methodology/approach – This paper uses a linear regression model to examine the association...

Purpose – The purpose of this paper is to examine the association between institutional investor ownership and the compensation of executives at US banks during the financial crisis period. Design/methodology/approach – This paper uses a linear regression model to examine the association...

This paper adds a new perspective to the compensation literature by examining the impact of managerial incentives on firm behavior in an information asymmetry framework. The analyses show that managerial equity-based compensation exacerbates firms' information asymmetry problems by focusing...