What’s in an education? Implications of CEO education for bank performance

Allbwn ymchwil: Cyfraniad at gyfnodolynErthygladolygiad gan gymheiriaid

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Dangosydd eitem ddigidol (DOI)

  • Timothy King
    Leeds University
  • Abishek Srivastav
    Leeds University
  • Jonathan Williams
Exploiting a unique hand-built dataset, this paper finds that CEO educational attainment, both level and quality, matters for bank performance. We offer robust evidence that banks led by CEOs with MBAs outperform their peers. Such CEOs improve performance when compensation structures are geared towards greater risk-taking incentives, and when banks follow riskier or more innovative business models. Our findings suggest that management education delivers skills enabling CEOs to manage increasingly larger and complex banking firms and achieve successful performance outcomes.

Allweddeiriau

Iaith wreiddiolSaesneg
Tudalennau (o-i)287-308
CyfnodolynJournal of Corporate Finance
Cyfrol37
Rhif y cyfnodolynApril
Dyddiad ar-lein cynnar15 Ion 2016
Dynodwyr Gwrthrych Digidol (DOIs)
StatwsCyhoeddwyd - 1 Ebr 2016

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