Executive Pensions, Compensation Leverage, and Firm Risk

2011 ◽  
Author(s):  
Reilly S. White
Keyword(s):  
Firm Risk

Is the Variation of a Manager's Disclosure Tone Across Time Associated with Investorss Assessment of Firm Risk?

2017 ◽  
Author(s):  
John L. Campbell ◽  
Hye Seung Lee ◽  
Hsin-min Lu ◽  
Logan B. Steele
Keyword(s):  
Firm Risk ◽  
Disclosure Tone

The (Non-) Effect of Labor Unionization on Firm Risk: Evidence From the Options Market

2018 ◽  
Author(s):  
Mohamed Ghaly ◽  
Alexandros Kostakis ◽  
Konstantinos Stathopoulos
Keyword(s):  
Options Market ◽  
Firm Risk

Nature of Firm Risk

2007 ◽  
Author(s):  
Les Coleman
Keyword(s):  
Firm Risk

Board diversity and firm risk-taking in the tourism sector: Moderating effects of board independence, CEO duality, and free cash flows

2021 ◽  
pp. 135481662110143
Author(s):  
Ozgur Ozdemir ◽  
Ezgi Erkmen ◽  
Fatemeh Binesh
Keyword(s):  
Risk Taking ◽  
Composite Index ◽  
Cash Flows ◽  
Board Independence ◽  
Firm Risk ◽  
Board Diversity ◽  
Ceo Duality ◽  
Reduction Effect ◽  
Task Oriented ◽  
Free Cash Flows

This study examines the effect of board diversity on risk-taking for tourism firms and analyzes the moderating effect of board independence, CEO duality, and free cash flows in this proposed relationship. Using a composite index of board diversity and a sample of tourism firms from the US hotel, restaurant, and airline industries, we find that greater board diversity leads to lower risk-taking, measured in standard deviation of return on assets. Moreover, we report that the risk-reduction effect of board diversity is more profound when tourism firms have less board independence and less free cash flows for investments. When board diversity is decomposed into relation-oriented and task-oriented diversity attributes, we find that only the task-oriented diversity is influential in reducing firm risk-taking for tourism firms. Akin to main analysis, the board independence and free cash flows are significant moderators of the relationship between task-oriented diversity and firm risk-taking.

scholarly journals Tax avoidance and firm risk: evidence from China

2021 ◽  
Author(s):  
Yuqiang Cao ◽  
Zhuoan Feng ◽  
Meiting Lu ◽  
Yaowen Shan
Keyword(s):  
Tax Avoidance ◽  
Firm Risk
Sign in / Sign up

Export Citation Format

Share Document