Using CEOs’ exposure to the Great Chinese Famine (1959-1961) as a measure of early-life trauma in their life (termed, famine-CEOs), we find that firms led by famine-CEOs are associated with lower corporate social responsibility (CSR) performance. Our findings are consistent with the egoism...

Taken the cancellation of the upper limit of loan interest rates as a quasinatural experiment and based on the signal theory of auditor demand, this paper investigates how the improvement of credit availability affects the choice of auditors. Results show that, compared with low-risk...