Generation effects and managerial risk taking
Abstract
This study examines the generation effects on managerial risk-taking by decomposing between-generation variation and within-generation variation. Using 6,169 firm-year observations in Malaysia data from 2009 to 2017, for the between-generation effect, we find that Pre-War II and Pre-Independence CEOs undertake lower levels of risk-taking while Post-Independence and Development-Era CEOs undertake higher levels of risk-taking. For the...
Paper Details
Title
Generation effects and managerial risk taking
Published Date
Feb 1, 2022
Journal
Volume
139
Pages
918 - 934
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