behaviour on executive compensation conditioned on managerial ability. We find that managers with better abilities are … part of superior managers’ skills and should be incorporated in their reward contracts. The results show that managerial …

This paper investigates whether and how individual managers affect corporate behavior and performance. We construct a … manager-firm matched panel data set which enables us to track the top managers across different firms over time. We find that … patterns in managerial decision making that appear to indicate general differences in "style" across managers. Moreover, we …

We investigate whether managers strategically choose the tone of non-financial information disclosure based on … Stock Exchange from 2008 to 2019. The results show tone asymmetry in the Chinese capital market and Chinese managers prefer … successively increases or decreases. Our evidence suggests that neglecting bad news is due to managers’ opportunistic decisions for …