This study investigates the non-linear relationship between CEO demission threats and corporate risk-taking levels. We first estimate the degree of CEO demission threats, and then examine how CEO demission threats affect the level of corporate risk-taking. Using the data of China's A-share...

Executive turnover is important in the governance of state-owned enterprises (SOEs). Herein, we focus on the executive turnover of China's SOEs, and the implementation of related evaluation mechanisms under different levels of government intervention. We collect executive turnover data of listed...

In digital economy, firm’s digital transformation is an important means of achieving high-quality development. Adopting career concerns theory, we examine rookie CEOs’ impact on firms’ digital transformations, using Chinese A-share listed firms from 2007 to 2019. (1) Rookie CEOs disclose...