Do bankers sacrifice value to build empires? Managerial incentives, industry consolidation, and financial performance

B-Tier

Journal: Journal of Banking & Finance

Year: 2003

Volume: 27

Issue: 3

Pages: 417-447

Authors (5)

Hughes, Joseph P. (Rutgers University-New Brunswi...) Lang, William W. (Promontory Financial Group) Mester, Loretta J. (University of Pennsylvania) Moon, Choon-Geol (not in RePEc) Pagano, Michael S. (not in RePEc)

Score contribution per author:

0.402 = (α=2.01 / 5 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count