[Home ] [Archive]   [ فارسی ]  
:: year 10, Issue 31 (Spring 2017) ::
JMBR 2017, 10(31): 123-140 Back to browse issues page
Investigating Incentive Evaluation Model for a Bank with Panel Data and Variance Decomposition Approach
1- Monetary and Banking Research Institute
Abstract:   (2282 Views)


An incentive model is quantitatively constructed to evaluate bank’s branches efficiency via compensating periodic bonus. A panel data approach is applied for a bank over 9 months in 1393. The null hypothesis is experimentally defined based on the average bonus equality in different branches. Results indicate that the bonus average, deviation and the other moments have equally-disincentivly caused a contraction in the efficiency and future profitability.  Meanwhile, the bank was obviously failed to translate the efficiency and risk management requirements into the bonus compensation. The incomplete-efficiency scenario is also observed in the four different bonus compensation mechanisms so incentive indicators have not been influenced by the financial and performance variables. 

Full-Text [PDF 869 kb]   (1188 Downloads)    
Type of Study: Case Study | Subject: Financial Institutions and Services (G2)
Received: 2016/07/11 | Accepted: 2017/07/12 | Published: 2018/01/29
Send email to the article author

XML   Persian Abstract   Print

Rights and permissions
Creative Commons License This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
year 10, Issue 31 (Spring 2017) Back to browse issues page
فصلنامه پژوهش‌های پولی-بانکی Journal of Monetary & Banking Research
Persian site map - English site map - Created in 0.04 seconds with 28 queries by YEKTAWEB 4570