Do bank CEOs learn from crisis experiences?

• Main Author: YU, Yang
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2025
• Subjects: Bank Risk Management; Bank CEOs; Experience; Financial Crises; Learning; Finance and Financial Management; Human Resources Management; Leadership Studies
• Online Access: https://ink.library.smu.edu.sg/lkcsb_research/7684; https://ink.library.smu.edu.sg/context/lkcsb_research/article/8683/viewcontent/DoBankCEOs_LearnCrisis_sv.pdf
• Institution: Singapore Management University

Does the early-career exposure of bank CEOs to the 1980s savings and loans (S&L) crisis affect the outcomes of banks they subsequently managed? We measure the S&L crisis exposure by the bank failure rate in the states where CEOs worked during the S&L crisis. Armed with this measure, we f...