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...

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Bibliografiske detaljer
Hovedforfatter: Maechler, Andrea
Andre forfattere: Cihak, Martin, Schaeck, Klaus, Stolz, Stephanie Marie
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 2009.
Serier:IMF Working Papers; Working Paper ; No. 2009/272
Online adgang:Full text available on IMF