Governance, Risk Management, and Risk-Taking in Banks
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This paper examines how governance and risk management affect risk-taking in banks. It distinguishes between good risks, which are risks that have an ex ante private reward for the bank on a stand-alone basis, and bad risks, which do not have such a reward. A well-governed bank takes the amount of
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美国国家经济研究局创建时间:
2014-07-01



