This empirical study of the exchange rate exposure management of Danish non-financial companies shows that decisions on whether or not to financially hedge an exchange rate exposure is affected by the possibility to react to changes in exchange rates by undertaking various forms of real actions...

This article describes the five-year implementation of enterprise risk management at Hydro One, a Canadian electric utility in a newly deregulated market. Starting with the creation of the position of Chief Risk Officer and the implementation of a pilot risk study involving one of the firm's...

Purpose: The purpose of this paper is to investigate the role of narcissistic supply for the association between CEO narcissism and corporate risk taking. Design/methodology/approach: The authors investigate a sample of 281 non-financial S&P 1500 firms and a corresponding 457 CEOs in the 10-yr...

Purpose: The purpose of this study is to investigate the association between corporate risk and the interaction between CEO incentive compensation and CEO overconfidence. Design/methodology/approach: This empirical study performs random and fixed effect (FE) regression analysis. It uses...

Purpose: The purpose of this paper is to investigate the role of CEO narcissism in corporate acquisitions with a focus on frequency and size and furthermore to examine the subsequent stock market reaction. Design/methodology/approach: The authors investigate 751 acquisitions made by 158 UK...