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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