引用本文:石 晶1,杨 丽2.CEO风险偏好、财务困境与企业违规[J].财经理论与实践,2021,(4):66-73
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石 晶1,杨 丽2 (1.兰州文理学院 经济管理学院甘肃 兰州 730000 2.中南大学 商学院湖南 长沙 410083) 
中文关键词:CEO风险偏好  财务困境  企业违规
CEO Risk Appetite, Financial Distress and Corporate Fraud
Abstract:As the chief person in charge of an enterprise, the chief executive officer's (CEO's) own cognitive basis, risk appetite and other personal characteristics will ultimately influence the corporate behavior by influencing organization's decision and strategic layout. Therefore, based on the upper echelon theory and fraud triangle theory, this paper empirically tested the relationship between CEO risk appetite, financial distress and corporate fraud by using A-share listed companies in Shanghai and Shenzhen stock market from 2010 to 2018. And the results show that companies with risk preferred CEOs have a higher tendency to fraud, and the corporate financial distress status played a significant positive moderating role.
keywords:chief executive officer's risk appetite  financial distress  corporate fraud
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