Institution
Centre d'Etudes et de Recherches Appliquées à la Gestion
FRfacility
Recent research
- Society & Economics
CEO stock ownership and firm default risk
Purpose This study examines the effect of chief executive officer (CEO) stock ownership on firm default risk. While equity-based incentives are expected to align managerial and shareholder interests and enhance firm survival, alternative mechanisms – such as CEO under-diversifica...