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Incentive Features in CEO Compensation: The Role of Regulation and Monitored Debt

John, Kose et al.
NYU Faculty Digital Archive · Papers
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bankingregulation
We study CEO compensation in the banking industry by taking into account banks’ unique claim structure in the presence of two types of agency problems: the standard managerial agency problem as well as the risk-shifting problem between shareholders and debtholders. We empirically test t
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