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This article investigates whether, and how, CEO educational background affects Chinese corporate risk-taking. Using a sample of 4681 firm-year observations from 2012 to 2020, we find that CEO educational background is negatively associated with corporate risk-taking. The nonlinear quadratic...
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This study examines the impact of managerial foreign experience on corporate risk-taking using manually collected data from Chinese-listed companies. We find that CEOs' foreign experience is positively associated with corporate risk-taking. Firms with foreign experience CEOs, compared to those...
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The promotion tournament as a potentially important incentive mechanism for top management in transition economies has … an optimal response of the winner's prize to the size of the contestant pool is more evident for China's listed firms … to decide on the tournament winner). Using comprehensive financial and accounting data on China's listed firms from 1998 …
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