Who Disciplines Bank Managers?

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: stakeholders' ability to fire an executive. Using conditional... READ MORE...

Publication date: December 2009
ISBN 9781451874174
$18.00

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