Remove Banking Remove Equity Remove Firm Value Remove Systematic Risk
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Pay for Prudence

Reynolds Holding

We contribute to this debate by documenting the extent to which bankers’ pay contains prudence-related targets, the association between those targets and other incentives, and how the targets affect future bank risk-taking. PfP rewards managers for outcomes that lower credit risk, which is a central objective of bank supervision.

Banking 52
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ESG Investing Clearly Serves Pecuniary Interests

Reynolds Holding

Corporate Environmental and Social Impacts Affect the Broader Economy When a company’s problems create volatility in the price of its assets, investors term the problems as “idiosyncratic risks.” Another level of risk affects the volatility of an entire portfolio. 3°C by 2100. [25] Available at [link]. January 25, 2022). Choi, Mary C.