associated with better firm performance. In addition, this study shows that executives have greater risk-bearing preferences at …

the suitable proxies in measuring innovation related to risk taking. Many studies use research-and-development intensity … (RDI) and research-and-development spending (RDS) as proxies for innovation related to risk taking. However, little … evidence shows that positive association with risk taking. This study addresses this gap by using RDI and RDS as metrics for …

the risk of biasness and collinearity among variables. The result of panel regression indicates that audit committee …

We examine the influence on managerial risk taking of incentives due to employment risk and due to compensation. Our … empirical investigation of the risk taking behavior of mutual fund managers indicates that managerial risk taking crucially … depends on the relative importance of these incentives. When employment risk is more important than compensation incentives …

–Scholes risk neutral valuation approach may not be appropriate to be adopted as the pricing vehicle for employee stock options, due … options with reload provision. The risk aversion of the employee enters into the pricing model through the choice of the … outstanding, the risk aversion level and personal wealth. In particular, we explore how the reload provision may lower the …

We examine the influence on managerial risk taking of incentives due to employment risk and due to compensation. Our … empirical investigation of the risk taking behavior of mutual fund managers indicates that managerial risk taking crucially … depends on the relative importance of these incentives. When employment risk is more important than compensation incentives …