Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
8954546 | Finance Research Letters | 2018 | 23 Pages |
Abstract
We test for a link between CEO tenure and misconduct by US banks. We find that banks are more likely to commit misconduct when CEOs have a relatively long tenure and banks have relatively poor balance sheets. Large and independent corporate boards can mitigate but not prevent misconduct.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Yener AltunbaÅ, John Thornton, Yurtsev Uymaz,