haku: @author Strahan, P.E. / yhteensä: 2
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Tekijä: | Kroszner, R.S. Strahan, P.E. |
Otsikko: | Bankers on boards: monitoring, conflicts of interest, and lender liability |
Lehti: | Journal of Financial Economics
2001 : DEC, VOL. 62:3, p. 415-452 |
Asiasana: | BANKING BOARD OF DIRECTORS CONFLICT LIABILITY USA |
Vapaa asiasana: | MONITORING |
Kieli: | eng |
Tiivistelmä: | The authors investigate the trade-off between the benefits from bank monitoring when a banker is represented on a firm's board and the costs from two sources: conflicts of interests between lenders and shareholders, and U.S. legal doctrines that generate lender liability for bankers on boards of firms in financial distress. |
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