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Remuneration in European Commercial Banks

Author

Listed:
  • József Tóth

    (OTP Bank)

Abstract

According to the new rules to be applied in the European Union, data on compensation of material risk takers are to be disclosed from year 2014. This paper overviews the different expectations regarding remuneration of bank managers highlighting the requirements of European Parliament and Council. Furthermore, it analyses data of 18 European banks disclosed based on the new lawful requirements. Based on empirical study it proves there is correlation between number of material risk takers and value of total assets. However this correlation is not too strong.

Suggested Citation

  • József Tóth, 2016. "Remuneration in European Commercial Banks," Acta Universitatis Danubius. OEconomica, Danubius University of Galati, issue 12(2), pages 84-100, April.
    • Handle: RePEc:dug:actaec:y:2016:i:2:p:84-100
    as

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    File URL: http://journals.univ-danubius.ro/index.php/oeconomica/article/view/3183/3221
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    References listed on IDEAS

    as
    1. Kevin J. Murphy, 2013. "Regulating Banking Bonuses in the European Union: a Case Study in Unintended Consequences," European Financial Management, European Financial Management Association, vol. 19(4), pages 631-657, September.
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