Sinha, Bhaskar (2017): Management compensation design for a banking firm.
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Abstract
The extant of indigenous literature on bad loans concentrate to analyze the factors that would increase efficient credit allocation by public sector banks in India.. RBI, the Central Bank in India, has mostly tried to promote priority sector lending through various policy steps. However, the list has only become longer. The paper proposes an incentive contract based on information asymmetry model to approach the problem
Item Type: | MPRA Paper |
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Original Title: | Management compensation design for a banking firm |
English Title: | Management compensation design for a banking firm |
Language: | English |
Keywords: | Bank Incentive contract deign, compensation design, priority sector lending , rewarding effort. |
Subjects: | D - Microeconomics > D2 - Production and Organizations > D21 - Firm Behavior: Theory D - Microeconomics > D8 - Information, Knowledge, and Uncertainty > D86 - Economics of Contract: Theory E - Macroeconomics and Monetary Economics > E5 - Monetary Policy, Central Banking, and the Supply of Money and Credit |
Item ID: | 102664 |
Depositing User: | Mr Bhaskar Sinha |
Date Deposited: | 01 Sep 2020 01:26 |
Last Modified: | 01 Sep 2020 01:26 |
References: | (1)Sundaram, Rangarajan K. and Yermack, David, "Pay Me Later: Inside Debt and its Role in Managerial Compensation" (May 16, 2005). NYU, Law and Economics Research Paper No. 05-08; AFA 2006 Boston Meetings Paper (2) Edmans, Alex, "Inside Debt" (November 2006). Available at SSRN: http://ssrn.com/abstract=758508 (3) K John , A Saunders , and LW Senbet ,”A theory of bank regulation and management compensation” Rev. Finance. Stud. 13: 95-125. (2000) (4) Gomez-Mejia, L.R. (1994). “Executive Compensation: A Reassessment and A Future Research Agenda,” Research in Personnel and Human Resources Management 12, JAI Press, pp. 161-222. (5) Indjejikian, R.J. (1999). “Performance Evaluation and Compensation Research: An Agency Perspective,” Accounting Horizons 13, June, pp. 147-157. (6) Murphy, K. J (1999). “Executive Compensation,” in O. Ashenfelter and D. Card, eds., Handbook of Labor Economics 3, North Holland, Chapter 38. (7) Prendergast, C. (1999). “The Provision of Incentives in Firms,” Journal of Economic Literature 37, March, pp. 7-63. (8) Core, J.E., R.W. Holthausen, and D.F. Larcker (1999). “Corporate Governance, Chief Executive Officer Compensation, and Firm Performance,” Journal of Financial Economics 51, pp. 371-406. |
URI: | https://mpra.ub.uni-muenchen.de/id/eprint/102664 |