Who Disciplines Bank Managers? /

We bring to bear a hand-collected dataset of executive turnovers in U.S. banks to test the efficacy of market discipline in a 'laboratory setting' by analyzing banks that are less likely to be subject to government support. Specifically, we focus on a new face of market discipline: stakeho...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Maechler, Andrea
Awduron Eraill: Cihak, Martin, Schaeck, Klaus, Stolz, Stephanie Marie
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2009.
Cyfres:IMF Working Papers; Working Paper ; No. 2009/272
Mynediad Ar-lein:Full text available on IMF