Hidden Costs of Hidden Debt
Johan Almenberg, Artashes Karapetyan
Review of Finance, Volume 18, Issue 6, October 2014, Pages 2247–2281, https://doi.org/10.1093/rof/rft053
Results from authors’ survey on apartment owners’ knowledge about co-op and personal loans in Stockholm. Total apartment price = co-op debt+personal mortgage (+equity downpayment).… Read more...
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Once Burned, Twice Shy? Financial Literacy and Wealth Losses during the Financial Crisis
Tabea Bucher-Koenen, Michael Ziegelmeyer
Review of Finance, Volume 18, Issue 6, October 2014, Pages 2215–2246, https://doi.org/10.1093/rof/rft052
The financial downturn and economic crisis of 2007 and 2008 stretched financial institutions, politicians, and corporations to their limits.… Read more...
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Bank Regulation, CEO Compensation, and Boards
Julian Kolm, Christian Laux, Gyöngyi Lóránth
Review of Finance, Volume 21, Issue 5, August 2017, Pages 1901–1932, https://doi.org/10.1093/rof/rfw046
Bank compensation regulation is a new tool that was introduced after the financial crisis of 2008-2009.… Read more...
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How Important Are Risk-Taking Incentives in Executive Compensation?
Ingolf Dittmann, Ko-Chia Yu, Dan Zhang
Review of Finance, Volume 21, Issue 5, August 2017, Pages 1805–1846, https://doi.org/10.1093/rof/rfx019
There is an extensive discussion whether risk-taking incentives play a role in executive compensation.… Read more...
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Say Pays! Shareholder Voice and Firm Performance
Vicente Cuñat, Mireia Giné, Maria Guadalupe
Review of Finance, Volume 20, Issue 5, August 2016, Pages 1799–1834, https://doi.org/10.1093/rof/rfv056
How much “voice” should shareholders have in a firm? How valuable are shareholder’s views on overall firm performance?… Read more...
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Executive Compensation and Risk Taking
Patrick Bolton, Hamid Mehran, Joel Shapiro
Review of Finance, Volume 19, Issue 6, October 2015, Pages 2139–2181, https://doi.org/10.1093/rof/rfu049
Since before the financial crisis, excess risk-taking at highly levered financial institutions has been a large concern.… Read more...
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