Zhang, Jinyi; Xue, Chunxiao; Zhang, Jianing - In: Journal of Risk and Financial Management 16 (2023) 1, pp. 1-16
This article investigates whether, and how, CEO educational background affects Chinese corporate risk-taking. Using a sample of 4681 firm-year observations from 2012 to 2020, we find that CEO educational background is negatively associated with corporate risk-taking. The nonlinear quadratic...
