Table 6 RPE pay practices and bank-level characteristics
From: Preaching water but drinking wine? Relative performance evaluation in international banking
RPE-intensity group | N | ROE | Firm stock return | Firm stock return variance |
|---|---|---|---|---|
1 | 83 | 1.21 | 0.05 | 0.16 |
(0.48) | (0.42) | (0.16) | ||
2 | 84 | 1.13 | 0.12 | 0.13 |
(0.51) | (0.30) | (0.17) | ||
3 | 84 | 1.04 | 0.07 | 0.12 |
(0.60) | (0.40) | (0.12) | ||
4 | 84 | 1.24 | -0.02 | 0.17 |
(0.65) | (0.56) | (0.19) |