The Sarbanes‐Oxley Act demanded the presence of more financial experts on corporate boards to improve governance. Directors from lending banks require particular attention because of the conflicts of interest between shareholders and debtholders despite their financial expertise. In this paper, we examine whether commercial banker directors work in the best interests of shareholders in providing incentives to the CEO. We find that the CEO’s compensation VEGA is lower if an affiliated banker director is on the board. Further, we find that commercial banker directors increase debt‐like compensation (Sundaram and Yermack, 2007) and make it less sensitive to risk.Peer Reviewedhttps://deepblue.lib.umich.edu/bitstream/2027.42/136379/1/eufm12101.p...
Using a sample of US bank mergers from 1995 to 2012, we observe that the pre-post merger changes in ...
We test hypotheses on the dual role of boards of directors for a sample of large international comme...
We test hypotheses on the dual role of boards of directors for a sample of large international comme...
The governance literature finds that independent directors from lending banks (commercial bank direc...
We study the effect of CEO’s influence in the board of directors’ appointment on bank loans. Theory ...
This paper seeks to make three contributions to understanding how banks’ executive pay has produced ...
Abstract I study how directors who are chief executive officers (CEOs) of other firms affect board e...
The thesis aims to contribute to the literature on bank governance by examining the influence of boa...
This study examines the impact of Sarbanes-Oxley on CEO compensation and director compensation for b...
We test hypotheses on the dual role of boards of directors for a sample of large international comme...
Banks differ from non-financial firms. These differences affect the manner of agency conflicts betwe...
This paper investigates what factors determine whether a commercial banker is on the board of a non-...
Although deregulation leads to changes in the duties of boards of directors, little is known about c...
Although deregulation leads to changes in the duties of boards of directors, little is known about c...
This paper studies the relation between CEOs' monetary incentives, financial regulation and risk in...
Using a sample of US bank mergers from 1995 to 2012, we observe that the pre-post merger changes in ...
We test hypotheses on the dual role of boards of directors for a sample of large international comme...
We test hypotheses on the dual role of boards of directors for a sample of large international comme...
The governance literature finds that independent directors from lending banks (commercial bank direc...
We study the effect of CEO’s influence in the board of directors’ appointment on bank loans. Theory ...
This paper seeks to make three contributions to understanding how banks’ executive pay has produced ...
Abstract I study how directors who are chief executive officers (CEOs) of other firms affect board e...
The thesis aims to contribute to the literature on bank governance by examining the influence of boa...
This study examines the impact of Sarbanes-Oxley on CEO compensation and director compensation for b...
We test hypotheses on the dual role of boards of directors for a sample of large international comme...
Banks differ from non-financial firms. These differences affect the manner of agency conflicts betwe...
This paper investigates what factors determine whether a commercial banker is on the board of a non-...
Although deregulation leads to changes in the duties of boards of directors, little is known about c...
Although deregulation leads to changes in the duties of boards of directors, little is known about c...
This paper studies the relation between CEOs' monetary incentives, financial regulation and risk in...
Using a sample of US bank mergers from 1995 to 2012, we observe that the pre-post merger changes in ...
We test hypotheses on the dual role of boards of directors for a sample of large international comme...
We test hypotheses on the dual role of boards of directors for a sample of large international comme...