Use this URL to cite or link to this record in EThOS: http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.654471
Title: Three essays on executive compensation of European banks : monitoring mechanisms, performance and risk-taking
Author: Shiyyab, Fadi S.
ISNI:       0000 0004 5358 5671
Awarding Body: University of Essex
Current Institution: University of Essex
Date of Award: 2014
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Abstract:
This thesis provides three substantial essays that investigate different aspects in relation to executive compensation: the role of monitoring mechanisms, bank performance and riskiness. It extends and contributes to the literature on an intense and ongoing debate among academics, policy-makers and practitioners about executive compensation and corporate governance issues in the banking industry. The current international banking regulators' reform proposals of executive compensation structure, as a consequences of current financial crisis 2007/09, motivates a more in-depth scrutiny of the relationship between corporate governance mechanisms and executive compensation. The general objective of this thesis is to provide an in-depth examination on executive compensation and other corporate governance mechanisms with a particular focus on the impact on performance and risk-taking behaviour of a representative sample of 67 of the publicly-listed commercial and bank holding companies, operating in 13 ED countries over 2000-2010. Specifically, this thesis has presented three essays on bank executive compensation in European banks and is organised as follows. Chapters 3 provides an in-depth analysis of the manually collected data set used for the empirical analysis and explores the relationship between bankers' executive pay and the role of monitoring mechanisms. Chapter 4 focuses on the relationship between executive pay and bank performance, using three alternative measures namely earnings per share, return on assets and stock market returns. Chapter 5 empirically explores the relationship between various compensation components on alternative bank risk-taking measures.
Supervisor: Not available Sponsor: Not available
Qualification Name: Thesis (Ph.D.) Qualification Level: Doctoral
EThOS ID: uk.bl.ethos.654471  DOI: Not available
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