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67 p, 688.8 KB How does ownership structure invfluence bank risk? : Analyzing the role of managerial incentives / López-Puertas Lamy, Mónica (Universidad Carlos III de Madrid) ; Universitat Autònoma de Barcelona. Departament d'Empresa
This paper analyzes how ownership concentration and managerial incentives influences bank risk for a large sample of US banks over the period 1997-2007. Using 2SLS simultaneous equations models, we show that ownership concentration has a positive total effect on bank risk. [...]
Universitat Autònoma de Barcelona. Departament d'Economia de l'Empresa 2012 (Document de treball (Universitat Autònoma de Barcelona. Departament d'Economia de l'Empresa) ; 12/8)  

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