2024
DOI: 10.1108/cms-08-2023-0393
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Are senior management with academic experience more cautious? Empirical evidence from corporate risk-taking

Ping He,
Ying Zou

Abstract: Purpose Based on upper echelons theory, this study aims to explore the impact of senior management’s academic experience on corporate risk-taking and analyze the pathways and potential moderating effects of this relationship. Design/methodology/approach This study uses panel data of Chinese A-share listed companies in the Shenzhen Stock Exchange and Shanghai Stock Exchange from 2008 to 2020. An ordinary least squares model is used to test the hypothesis. Findings The results indicate that senior management… Show more

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