| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5089603 | Journal of Banking & Finance | 2012 | 11 Pages |
Abstract
⺠Thrifts led by CEO-Chairs were more likely to survive the thrift crisis. ⺠Thrift led by CEO-Chairs maintained more conservative lending policies. ⺠Taxpayers become residual claimants when risky lending policies end in failure. ⺠Manager-dominated thrifts resist shareholder pressure to exploit deposit insurance. ⺠Regulations requiring the separation of the CEO and chair posts may be imprudent.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
John Byrd, Donald R. Fraser, D. Scott Lee, Semih Tartaroglu,