Gordon, Irene M.; Hrazdil, Karel; Jermias, Johnny; Li, Xin - In: Journal of risk and financial management : JRFM 14 (2021) 8, pp. 1-19
infer CEOs' Big Five personality traits, which we employ to estimate their risk tolerance levels. We then explore whether … the misalignment of CEO risk tolerance and governance structures is associated with company performance. Using a two …-stage contingency approach, we test two hypotheses: (1) CEO risk tolerance and corporate governance structures are associated; and (2 …