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Managerial risk-taking incentives and the systemic risk of financial institutions
16 references·4 citing·41 second hop
Managerial risk-taking incentives and the systemic risk of financial institutions (2018)Managerial risk-taking incentives and the…SRISK: A conditional capital shortfall measure of systemic risk (2017)SRISK: A conditional capital …Measuring Systemic Risk (2016)Measuring Systemic RiskCEO age and the riskiness of corporate policies (2014)CEO age and the riskiness of …Corporate governance in the 2007–2008 financial crisis: Evidence from financial institutions worldwide (2012)Corporate governance in the 2…Capital Shortfall: A New Approach to Ranking and Regulating Systemic Risks (2012)Capital Shortfall: A New Appr…Bank CEO incentives and the credit crisis (2010)Bank CEO incentives and the c…The corporate governance lessons from the financial crisis (2009)The corporate governance less…Strong boards, CEO power and bank risk-taking (2009)Strong boards, CEO power and …A theory of systemic risk and design of prudential bank regulation (2009)A theory of systemic risk and…Bank governance, regulation and risk taking (2008)Bank governance, regulation a…Managerial incentives and risk-taking☆ (2005)Managerial incentives and ris…Estimating the Value of Employee Stock Option Portfolios and Their Sensitivities to Price and Volatility (2002)Estimating the Value of Emplo…Empirical evidence on the relation between stock option compensation and risk taking (2002)Empirical evidence on the rel…Does Option Compensation Increase Managerial Risk Appetite? (2000)Does Option Compensation Incr…The sensitivity of CEO wealth to equity risk: an analysis of the magnitude and determinants (1999)The sensitivity of CEO wealth…Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Theory of the firm: Manageria…Experimental Assessment of Utility Functions Induced by Fixed and Uncertain Targets (2023)Experimental Assessment of Ut…Banks' business strategy and environmental effectiveness: The monitoring role of the board of directors and the managerial incentives (2021)Banks' business strategy and …The effect of management control mechanisms through risk-taking incentives on asymmetric cost behavior (2020)The effect of management cont…Bank regulation and systemic risk: cross country evidence (2020)Bank regulation and systemic …FINANCIAL RATIOS, DISCRIMINANT ANALYSIS AND THE PREDICTION OF CORPORATE BANKRUPTCY (1968)The Pricing of Options and Corporate Liabilities (1973)Boards: Does one size fit all☆ (2007)Are Overconfident CEOs Better Innovators? (2012)Corporate Immunity to the COVID-19 Pandemic (2020)Determinants of corporate borrowing (1977)The use of equity grants to manage optimal equity incentive levels (1999)The role of information and financial reporting in corporate governance and debt contracting (2010)CFOs versus CEOs: Equity incentives and crashes (2011)Separation of Ownership and Control (1983)Corporate financing and investment decisions when firms have information that investors do not have (1984)Deciphering the Liquidity and Credit Crunch 2007–2008 (2009)Risk management, corporate governance, and bank performance in the financial crisis (2011)Estimating betas from nonsynchronous data (1977)Non-Monetary Effects of the Financial Crisis in the Propagation of the Great Depression (1983)Financial Intermediation, Loanable Funds, and The Real Sector (1997)SRISK: A Conditional Capital Shortfall Measure of Systemic Risk (2010)Where the Risks Lie: A Survey on Systemic Risk (2015)Estimating global bank network connectedness (2017)Econometric Analysis of Cross Section and Panel Data (2001)Women on board: Does boardroom gender diversity affect firm risk? (2015)The Influence of Board Composition on Sustainable Development Disclosure (2017)Composition and Activity of the Board of Directors: Impact on ESG Performance in the Banking System (2018)The Nature of the Firm (1937)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)On the Relation between the Expected Value and the Volatility of the Nominal Excess Return on Stocks (1993)Credit Cycles (1997)Dynamic Conditional Correlation (2002)Conditional Tail-Risk in Cryptocurrency Markets (2018)Large Shareholders and Corporate Control (1986)Law and Finance (1998)Bank activity and funding strategies: The impact on risk and returns☆ (2010)Macroeconomic and bank-specific determinants of non-performing loans in Greece: A comparative study of mortgage, business and consumer loan portfolios (2011)The Credit Crisis Around the Globe: Why Did Some Banks Perform Better? (2011)Bank Runs, Deposit Insurance, and Liquidity (1983)Coherent Measures of Risk (1999)Market Liquidity and Funding Liquidity (2008)Bank Capital and Lending Relationships (2017)Measuring the Frequency Dynamics of Financial Connectedness and Systemic Risk* (2018)Proximity and Investment: Evidence from Plant-Level Data (2011)Pilot CEOs and corporate innovation (2016)
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References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 2008Bank governance, regulation and risk taking3,267 cited
  • 2005Managerial incentives and risk-taking☆2,924 cited
  • 2016Measuring Systemic Risk1,846 cited
  • 2002Estimating the Value of Employee Stock Option Portfolios and Their Sensitivities to Price and Volatility1,697 cited
  • 1999The sensitivity of CEO wealth to equity risk: an analysis of the magnitude and determinants1,391 cited
  • 2017SRISK: A conditional capital shortfall measure of systemic risk1,318 cited
  • 2012Corporate governance in the 2007–2008 financial crisis: Evidence from financial institutions worldwide1,203 cited
  • 2012Capital Shortfall: A New Approach to Ranking and Regulating Systemic Risks1,157 cited
  • 2009Strong boards, CEO power and bank risk-taking1,038 cited
  • 2010Bank CEO incentives and the credit crisis1,025 cited
  • 2000Does Option Compensation Increase Managerial Risk Appetite?926 cited
  • 2009The corporate governance lessons from the financial crisis915 cited
  • 2014CEO age and the riskiness of corporate policies910 cited
  • 2002Empirical evidence on the relation between stock option compensation and risk taking

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863 cited
  • 2009A theory of systemic risk and design of prudential bank regulation831 cited
  • Cited by

    • 2021Banks' business strategy and environmental effectiveness: The monitoring role of the board of directors and the managerial incentives52 cited
    • 2020Bank regulation and systemic risk: cross country evidence31 cited
    • 2020The effect of management control mechanisms through risk-taking incentives on asymmetric cost behavior21 cited
    • 2023Experimental Assessment of Utility Functions Induced by Fixed and Uncertain Targets2 cited