When incentives backfire: Transparency as a moderator of the effects of equity incentive programs on bank efficiency
This study examines the effect of equity incentive programs (EIPs) on bank operational efficiency, with a particular focus on the moderating role of transparency. Using panel data from European listed banks, we identify a causal relationship between EIPs and reduced cost efficiency. However, this...
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| Hoofdauteurs: | , |
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| Formaat: | Article ou chapitre numérique |
| Taal: | Français |
| Gepubliceerd in: |
2026
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| Onderwerpen: | |
| Online toegang: | Accès Université d'Orléans et IFPM |