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Managerial compensation contract and bank bailout policy

โœ Scribed by Hiroshi Osano


Book ID
117528339
Publisher
Elsevier Science
Year
2002
Tongue
English
Weight
187 KB
Volume
26
Category
Article
ISSN
0378-4266

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This study investigates how the relationship between bank performance and executive compensation is affected by the degree of an executive's managerial discretion. Managerial discretion is captured by two industry-specific attributes: a bank's strategic domain, and its regulatory environment. Execut