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risk taking. One of the objectives is the motivation of further research on the topic. Risk-averse managers hold less … diversified portfolios and, thus, tend to take less risk than optimal for shareholders. More option grants may encourage risk … mitigating overall risk-taking incentives. The net effect of options on risk-taking behavior is, therefore, ambiguous and calls …
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This paper investigates the impact on the risk of a crash in the stock price (SPCR) of a hometown connection between a …
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The keys to effective teamwork in firms are (1) carefully designed team-formation policies that take into account what … level of diversity of skills, knowledge, and demographics is desirable and (2) balanced team-based incentives. Employers … team-based incentives. …
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This paper presents theoretical analysis of how career concerns and shareholder monitoring affect chief executive officer (CEO) agency costs. We investigate investment efficiency prior to CEO retirement based on a sample of Chinese state-owned enterprises (SOEs) during the 1999-2007 period and...
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This paper empirically tests the impact of CEO’s alumni relationships on the stock price crash risk during CEO turnover …. Empirical tests find that CEOs’ advantage among alumni networks will increase stock price crash risk during CEO turnover to some …. In addition, the positive effect of alumni network on stock price crash risk mainly exists in the regions where the legal …
Persistent link: https://www.econbiz.de/10013393583