Stock price crash risk: review of the empirical literature

A Habib, MM Hasan, H Jiang - Accounting & Finance, 2018 - Wiley Online Library
We survey the burgeoning literature on the determinants and consequences of firm‐specific
future stock price crash risk. We synthesise a vast body of literature on the determinants of …

Environmental, social and governance disclosure and default risk

M Atif, S Ali - Business Strategy and the Environment, 2021 - Wiley Online Library
We investigate whether environmental, social and governance (ESG) disclosure is related to
default risk. Using a sample of US nonfinancial institutions from 2006 to 2017, we find that …

CEO age and the riskiness of corporate policies

MA Serfling - Journal of corporate finance, 2014 - Elsevier
Prior theoretical work generates conflicting predictions with respect to how CEO age impacts
risk-taking behavior. Consistent with the prediction that risk-taking behavior decreases as …

CFOs versus CEOs: Equity incentives and crashes

JB Kim, Y Li, L Zhang - Journal of financial economics, 2011 - Elsevier
Using a large sample of US firms for the period 1993–2009, we provide evidence that the
sensitivity of a chief financial officer's (CFO) option portfolio value to stock price is …

Top executive gender, board gender diversity, and financing decisions: Evidence from debt structure choice

S Datta, T Doan, F Toscano - Journal of Banking & Finance, 2021 - Elsevier
Gender diversity in the C-suite and the boardroom have taken on greater importance in
recent years. We establish a gender-based behavioral dimension to corporate debt maturity …

The relation between equity incentives and misreporting: The role of risk-taking incentives

CS Armstrong, DF Larcker, G Ormazabal… - Journal of Financial …, 2013 - Elsevier
Prior research argues that a manager whose wealth is more sensitive to changes in the firm׳
s stock price has a greater incentive to misreport. However, if the manager is risk-averse and …

Gender and corporate finance: Are male executives overconfident relative to female executives?

J Huang, DJ Kisgen - Journal of financial Economics, 2013 - Elsevier
We examine corporate financial and investment decisions made by female executives
compared with male executives. Male executives undertake more acquisitions and issue …

Shock-based causal inference in corporate finance and accounting research

VA Atanasov, BS Black - Critical Finance Review, 2016 - papers.ssrn.com
We study shock-based methods for credible causal inference in corporate finance research.
We focus on corporate governance research, survey 13,461 papers published between …

CFO gender and financial statement irregularities

VK Gupta, S Mortal, B Chakrabarty, X Guo… - Academy of …, 2020 - journals.aom.org
The increasing presence of women in upper echelon positions draws attention to the
possible effects of executive gender on corporate decisions and actions. In this study, we …

How environmental regulations and corporate social responsibility affect the firm innovation with the moderating role of Chief executive officer (CEO) power and …

SA Javeed, R Latief, T Jiang, T San Ong… - Journal of Cleaner …, 2021 - Elsevier
At present, many economies are suffering from environmental problems that have significant
effects on the climate and life of human beings, thus, the governments and institutions work …