Zhou, Meihua; Li, Ruining; Cao, Jian; Lin, Bin - In: China journal of accounting studies 11 (2023) 3, pp. 543-573
The psychological factors of senior executives have an important impact on the firm’s financial policies. In this paper, we investigate the association between CEO risk-taking entrepreneurial spirit and firm cash holdings, and find that firms with higher CEO risk-taking entrepreneurial spirit...