Management Turnover, Regulatory Oversight, and Performance: Evidence From Community Banks (Paperback) (ISBN-13: 9781505309904)

This paper exploits a unique panel of U.S. community banks to re-examine the role of regulatory oversight in disciplining bank management and to consider the effect of such regulatory-linked disciplinary actions on subsequent bank performance. The results indicate that both weak bank performance and poor regulatory evaluations are associated with increased executive turnover. Furthermore, the relationship between poor regulatory evaluations and turnover persists after controlling for performance. Finally, executive turnover linked to poor regulatory evaluations is found to be positively related to future performance. Overall, the findings are consistent with the explanation that regulatory oversight can lead to improved bank governance.

Author: Ajay a. Palvia
ISBN-10: 1505309905
ISBN-13: 9781505309904
Publisher: Createspace Independent Publishing Platform
Language: English
Published: 01/01/2015
Pages: 40
Format: Paperback
Weight: 0.26lbs
Size: 11.02h x 8.50w x 0.08d