haku: @indexterm Deposit insurance / yhteensä: 14
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| Tekijä: | Osano, H. |
| Otsikko: | Managerial compensation contract and bank bailout policy |
| Lehti: | Journal of Banking and Finance
2002 : JAN, VOL. 26:1, p. 25-49 |
| Asiasana: | BANKING COMPENSATION CONTRACTS DEPOSIT INSURANCE MANAGERS |
| Kieli: | eng |
| Tiivistelmä: | Under the incomplete contract framework, the authors consider an optimal regulatory policy for motivating bank equity owners and bank managers to restructure the bad loans of their banks in the presence of managerial compensation contracts with stock options. The regulatory policy studied in this paper is mainly concerned with the design of repayment schedules in the scheme of injection of cash funds into insolvent banks by the regulator. |
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