Does skin in the game help? Bank franchise value, managerial incentives and ‘going for broke’
© 2015, © The Author(s) 2015. The roles bank franchise value (‘skin in the game’) and CEO ownership play in determining bank risk are studied for large United States Bank Holding Companies. We find robust evidence of a convex relation between bank risk and each of CEO shareholding and franchise valu...
| Main Authors: | , , |
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| Format: | Journal Article |
| Language: | English |
| Published: |
SAGE PUBLICATIONS LTD
2016
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| Subjects: | |
| Online Access: | http://hdl.handle.net/20.500.11937/76642 |