skip to main content
Language:
Search Limited to: Search Limited to: Resource type Show Results with: Show Results with: Search type Index

CEO personality and firm policies

info:eu-repo/semantics/openAccess

Digital Resources/Online E-Resources

Citations Cited by
  • Title:
    CEO personality and firm policies
  • Author: Heidt, Antoine
  • Subjects: financial economics
  • Description: This master thesis explores the relationship between the personality of chief executive officers (CEOs) and their chosen firm policies. I am relying on the Big Five model including its 30 facets, which has been shown to have a high out-of-sample predictive power in many areas, and is relatively stable over time. Measures of personality are estimated through linguistic features observed in quarterly earnings call transcripts, which are analyzed through IBM Watson Personality Insights. This thesis extends the work by Gow et al. (2016), as it further includes the 30 facets of the Big Five model and also added two new firm policies. I find that the estimated measures of personality are associated to the effective tax rate, the payout ratio, the net leverage, R&D expenses, as well as the book-to-market ratio. Keywords: Corporate Governance, Corporate Finance, Corporate Taxation, Capital Structure, Tax Aggressiveness JEL Classification: G32, H26, J24
  • Creation Date: 2020
  • Language: English
  • Source: NORA Norwegian Open Research Archives

Searching Remote Databases, Please Wait