CEO Risk Taking and Firm Policies: Evidence from CEO Employment History
I propose that CEO employment history is an observable characteristic that reveals the CEO’s unobservable risk-taking preferences. I hypothesize that CEOs that change employers more frequently (mobile CEOs) have a propensity to bear risk and implement riskier firm policies. Using a sample of S&P...
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Format: | Others |
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Digital Archive @ GSU
2009
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Online Access: | http://digitalarchive.gsu.edu/finance_diss/15 http://digitalarchive.gsu.edu/cgi/viewcontent.cgi?article=1014&context=finance_diss |