Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/200544
Authors: 
Wall, Larry D.
Year of Publication: 
2019
Series/Report no.: 
Working Paper No. 2019-6
Abstract: 
Although a number of steps have been taken to reduce the risk of financial stability, some significant weaknesses remain. This paper examines whether stricter regulation of incentive compensation is the missing piece needed to reduce risk to acceptable levels. Unfortunately, this review of the literatures on the relationship of risk to bank chief operating officer and bank employee compensation suggest both have some potential but that significant concerns remain in both cases. At this point, we cannot confidently say that compensation regulation is the missing piece.
Subjects: 
incentive compensation
bank regulation
JEL: 
G01
G21
G28
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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