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This article investigates whether, and how, CEO educational background affects Chinese corporate risk-taking. Using a … with corporate risk-taking. The nonlinear quadratic regression shows a convex relationship, consistent with the finding …
Persistent link: https://www.econbiz.de/10014295554
The purpose of this article is to show the effect of Risk Perception RP and Risk Definition RD on the Risk … June 2020, a period during the early stages of the COVID-19 pandemic. The study identified six dimensions of risk … perception and thus tested six structural models. Risk perception (ξ RP) is defined as an external latent variable in the study …
Persistent link: https://www.econbiz.de/10012605833
at examining the risk perception, risk aversion and risk management strategies of maize producers in Awi zone, which is … found in the northwest part of Ethiopia. The study involved 343 respondents who produced maize under risk. Descriptive … regression model were used to process the data. The results showed that farmers have different perceptions of the endogenous risk …
Persistent link: https://www.econbiz.de/10014306089
We estimate how an acquiring firm's risk changes depending on whether the market initially judges the acquisition to be …, acquisitions judged negatively by the market result in a 5% increase in total risk, while acquisitions judged positively by the … market feature a 30-basis-point increase in total risk. We found the median acquisition to be value creating, not value …
Persistent link: https://www.econbiz.de/10012626241
angles. Although the systematic risk of the airline industry has been examined before, idiosyncratic risk has largely been … managers and investors are provided. …
Persistent link: https://www.econbiz.de/10013380405
We investigate the effects of adopting enterprise risk management (ERM) on the performance and risks of European … show that ERM adopters effectively reduce firm total and systematic risks and, to a greater extent, idiosyncratic risk …. Firm-level variables such as size, leverage, dividend payments events, and diversification impact firm total risk. Insurers …
Persistent link: https://www.econbiz.de/10012796172
observed more frequently in companies where managers have greater latitude to execute hedging proposals without serious …
Persistent link: https://www.econbiz.de/10012022141
We examine the effect of the risk tolerance of downstream firms (i.e., customers) on the investment inefficiency of … upstream firms (i.e., suppliers). Using the pilot licensing status of the CEOs as a proxy for their inherent risk tolerance, we … the causative relation between customer risk tolerance and supplier investment inefficiency and suggests that customers …
Persistent link: https://www.econbiz.de/10012821055
risk perception influences employees’ willingness to assist in times of public crisis, taking COVID-19 as a specific … research scenario and based on the theory of “tend and befriend”. This study hypothesized that risk perception will influence …. A questionnaire survey of 925 practitioners from various industries in the pandemic area revealed that: risk perception …
Persistent link: https://www.econbiz.de/10012821585
firms and concludes that both the size and book-to-market effects are related to default risk. For example, small firms earn … higher return than big firms only if they have higher default risk and value stocks earn higher returns than growth stocks if … their default risk is high. In this paper we use a more advanced compound option pricing model for the computation of …
Persistent link: https://www.econbiz.de/10012022028