FDIC Improvement Act and corporate governance of commercial banks

@inproceedings{Booth1993FDICIA,
  title={FDIC Improvement Act and corporate governance of commercial banks},
  author={James R. Booth},
  year={1993}
}
This paper examines provisions of the FDIC Improvement Act related to corporate governance of banks. These provisions focus on the composition and independence of the audit committee and on increased regulatory influence over executive compensation. The composition of audit committees for a sample of banking firms for 1990 is compared with those of industrial firms and with the provisions of FDICIA. The findings suggest only minor differences between banks and other firms; however, under FDICIA… CONTINUE READING

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