CEO tenure and corporate misconduct: Evidence from US banks

Altunbaş, Yener, Thornton, John and Uymaz, Yurtsev (2018) CEO tenure and corporate misconduct: Evidence from US banks. Finance Research Letters, 26. pp. 1-8. ISSN 1544-6123

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Abstract

We test for a link between CEO tenure and misconduct by US banks. We find that banks are more likely to commit misconduct when CEOs have a relatively long tenure and banks have relatively poor balance sheets. Large and independent corporate boards can mitigate but not prevent misconduct.

Item Type:	Article
Uncontrolled Keywords:	corporate misconduct,ceo tenure,us banks,probit,bivariate
Faculty \ School:	Faculty of Social Sciences > Norwich Business School
UEA Research Groups:	Faculty of Social Sciences > Research Groups > Finance Group
Depositing User:	Pure Connector
Date Deposited:	12 Feb 2018 11:30
Last Modified:	22 Oct 2022 03:34
URI:	https://ueaeprints.uea.ac.uk/id/eprint/66270
DOI:	10.1016/j.frl.2017.11.003

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