Syndicated Lending, Competition and Relative Performance Evaluation
收藏NBER2022-03-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w29859
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资源简介：
Relative performance evaluation (RPE) intensifies competitive pressure by tying executive compensation to the profits of rivals. We show that these contracts make loan syndication harder by reducing banks willingness to participate in loans underwritten by banks named in their RPE contracts. Lead
提供机构：
美国国家经济研究局
创建时间：
2022-03-01
