Understanding the behavior of chief executive officers (CEOs) enables investors, regulators, and others to better appreciate the corporate decisions a CEO makes. Among the many aspects that determine CEO behavior are early-life experiences, we examine whether a CEO's exposure to two important...

We examine the voluntary disclosure practices of family firms. Family firms have longer investment horizons, lower agency conflicts between owners and managers but higher agency conflicts between controlling and non-controlling shareholders, and greater concerns about firm reputation. We...

We investigate whether or not Financial Accounting Standards (FAS) 123R, which requires recognizing stock-based compensation at fair value, affects stock repurchase activity. Prior research has shown that the dilution effect of dividends on earnings per share (EPS) decreases the value of stock...

Understanding the behavior of chief executive officers (CEOs) enables investors, regulators, and others to better appreciate CEOs’ corporate decisions. Among the many aspects that determine CEO behavior are early-life experiences; we examine whether a CEO’s exposure to two important...