Bank CEO Incentives and the Credit Crisis

Rüdiger Fahlenbrach, René M. Stulz

NBER Working Paper No. 15212
Issued in August 2009

---- Acknowledgements -----

Fahlenbrach is Swiss Finance Institute Assistant Professor at Ecole Polytechnique Fédérale de Lausanne. Stulz is the Everett D. Reese Chair of Banking and Monetary Economics, Fisher College of Business, Ohio State University, and affiliated with NBER and ECGI. Fahlenbrach acknowledges financial support from the Dice Center for Research in Financial Economics. Address correspondence to René M. Stulz, Fisher College of Business, The Ohio State University, 806 Fisher Hall, Columbus, OH 43210, stulz@cob.osu.edu. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.

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