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...
Autore principale: | |
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Altri autori: | , , |
Natura: | Periodico |
Lingua: | English |
Pubblicazione: |
Washington, D.C. :
International Monetary Fund,
2009.
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Serie: | IMF Working Papers; Working Paper ;
No. 2009/272 |
Accesso online: | Full text available on IMF |