CEO tenure and corporate misconduct: Evidence from US banks
Research output: Contribution to journal › Article › peer-review
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Documents
- 2017 CEO tenure
Accepted author manuscript, 437 KB, PDF document
Licence: CC BY-NC-ND Show licence
DOI
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.
Keywords
- Corporate misconduct, Bivariate, Probit, US banks, CEO tenure
| Original language | English |
|---|---|
| Pages (from-to) | 1-8 |
| Journal | Finance Research Letters |
| Volume | 26 |
| Issue number | September |
| Early online date | 16 Nov 2017 |
| DOIs | |
| Publication status | Published - Sept 2018 |
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