“Bank liquidity creation and risk-taking: Does managerial ability matter?”, with D. Philip and P. Robejsek, Journal of Business, Finance and Accounting, vol. 43, issue 1-2, pp. 226–259.
34 Pages · Posted: 17 Nov 2015 · Citations: 51 | This study investigates the impact of managerial ability on banks’ liquidity creation and risk-taking behaviour. We find that higher ability managers create more liquidity and take more risk.