12/5/2023 0 Comments Risk 2 tournamentWe find that external hires of new CEOs (CFOs) are five (eight) times more likely to be from local firms than non-local firms. This study documents the existence of local employment preferences for corporate executives and examines how the compensation of executives’ local peers affects their own performance, risk-taking decisions, and financial reporting decisions.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |