kaal:claim:2097160-017

Institution-specific automatic triggers are the preferred basis for early trigger designs because they are flexible and independent of regulatory discretion.

Source quote, verbatim

Because institution-specific automatic triggers are flexible and independent from regulatory discretion, they constitute a good option for early trigger designs.

From

Wulf A. Kaal, Contingent Capital in Executive Compensation (2012), V.B.1 Automatic Institution-Specific Early Trigger, p. 37
https://ssrn.com/abstract=2097160 · source PDF

Cite as

Wulf A. Kaal, Contingent Capital in Executive Compensation (2012). SSRN: https://ssrn.com/abstract=2097160

Classification

designsupport: arguedcontingent-capitalinstitutional-designrisk-and-incentives

Related claims

restated_by kaal:claim:2273857-057 Institution specific automatic triggers in contingent capital securities are flexible and can be tailored to t...
extends kaal:claim:1908473-028 The second trigger should be an objective, automatic, institution specific trigger, with improvement measured ...

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