This study examines how the financial experience of senior executives influences corporate social responsibility (CSR) performance and reporting activities. With a sample of Chinese listed companies over the period 2009–2018, we find that companies with senior executives with financial...

This paper uses FAS 123R regulation to examine how reduction in CEO compensation incentives affects managerial 'playing-it-safe' behavior. Using proxies reflecting deliberate managerial efforts to change firm risk, difference-in-difference tests show that affected firms drastically reduce both...

Considering the leadership role of top management team (TMT) in the implementation of corporate digital strategy, we use a sample of Chinese A-share listed companies from 2012 to 2020 to test the impact of TMT stability on corporate digital innovation. We find that as TMT stability improves, the...