Variable | Definition | Measures |
MES | Marginal Expected Shortfall | See |
SRISK | Bank’s contribution to systemic risk | SRISKi,t = k (Debti,t) − (1 − k) (1 − LRMESi,t) Equityi,t |
CEOPay | CEO compensation | Cash compensation |
Size | Bank size | Logarithm of total assets |
CapR | Capital ratio | Equity capital divided by total assets |
ROA | Return on assets | Net income scaled by total assets |
LTA | Loans to assets | Loans divided by assets |
DTA | Deposits to assets | Deposits divided by assets |