Kalelkar, Rachana; Xu, Hongkang; Nguyen, Duong; Chen, Zheng - 2023
In this paper, we investigate the association between the general managerial ability of CEOs and the readability of 10-K reports. We find that the readability of 10-K reports is lower for firms managed by CEOs with general managerial ability. Our result is robust to change analysis, an alternate...