The impact of executive characteristics, compensation and institutional context on organizational behavior and performance: an integrated study in the banking industry.

Our main objective is to develop and empirically test a comprehensive research model concerning the combined effects of executive characteristics, compensation, and institutional context on organizational behavior and performance. More in particular, we focus on banks' risk-taking behavior, how it is jointly driven by executive characteristics, compensation, and institutional context, and how it affects banks' performance. In general, risk-taking involves investments with uncertain outcomes. One example of banks' risk-taking behavior concerns mortgage-backed securities, because of the limited experience banks have with the probabilities and potential outcomes of these investment as opposed to more traditional loans (Stulz, 2008).

Keywords:BANKING, ORGANIZATIONAL BEHAVIOR

Disciplines:Management