Managerial Risk-Taking Behavior: A Too-Big-To-Fail Story

We examine the implications of the US government’s too-big-to-fail (TBTF) policy as it has been applied to banks. Using alternative measures of risk, we compare the risk-taking behavior of 11 TBTF banks, identified by the Comptroller of the Currency in 1984, to a number of non-TBTF banks. We provide...

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Bibliographic Details
Authors: Zardkoohi, Asghar (Author) ; Kang, Eugene (Author) ; Fraser, Donald (Author) ; Cannella, Albert A. (Author)
Format: Electronic Article
Language:English
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Published: Springer 2018
In: Journal of business ethics
Year: 2018, Volume: 149, Issue: 1, Pages: 221-233
Further subjects:B Too-big-to-fail
B Excessive risk-taking behavior
B Performance
B Moral hazard
Online Access: Volltext (lizenzpflichtig)