This article has a two-fold purpose. First, we investigate whether the CEOs’ risk-taking incentives are associated with better concurrent firm performance. Second, we examine the impact of gender on the aforementioned relationship. We find solid empirical evidence that CEOs’ risk-aversion...

We tested whether the information derivable from the CAPM as viewed through the OLS one-stage two-parameter linear regression, hereafter OLS-filter, could be enriched by analyzing the residuals of the OLS-filter. This was Roll's (1988) conjecture; such OLS-residual information is termed...