This study explores the influences of managerial short-term compensation on firm's innovation. Using a large sample of China's listed firms for the period 2007-2015, we find managerial short-term compensation is significantly and positively related to firm's innovation. Managers with more...

This study explores the influences of CEOs' dual roles (a single individual serving as both CEO and board chair) on future stock price crash risk. CEO duality magnifies managerial incentive and ability to overstate performance and hide bad news from investors, which increases stock price...

This study explores the influences of managerial ownership on future stock price crash risk. Managerial ownership induces manager to conceal bad news and choose sub-optimal investment policies, which increases stock price crashes. Using a sample of China's listed firms for the period 2004-2014,...