We examined female executives and their impact on corporate financial policies including investment decisions, external financing, working capital management, and cost efficiency. We found that those female executives who are more risk averse invest less in expenditure investment decisions,...

We examine the impact of CEOs’ early-life and career experiences on corporate investment efficiency in the Chinese economy. We identify two extraordinary events that are likely to underpin the formative experiences of CEOs, comprising of the economic reforms which commenced in 1978, and prior...

Using a sample of management forecasts, we find that higher CEO and CFO equity compensation and lower institutional ownership concentration, percentage of independent director, and number of analyst following induce managers to release significantly more bad news, downward biased management...