Search Results - subject:"personal leverage"

CEO power and matching leverage preferences

Korkeamaki, Timo P.; Liljeblom, Eva; Pasternack, Daniel - In: The journal of corporate finance : contracting, … 45 (2017), pp. 19-30

Persistent link: https://www.econbiz.de/10011760681

Behavioral consistency in corporate finance: CEO personal and corporate leverage

Cronqvist, Henrik; Makhija, Anil K.; Yonker, Scott E. - In: Journal of Financial Economics 103 (2012) 1, pp. 20-40

relation between corporate and personal leverage in the cross-section and when examining CEO turnovers. The results are …

Persistent link: https://www.econbiz.de/10010702365

Behavioral consistency in corporate finance : CEO personal and corporate leverage

Cronqvist, Henrik; Makhija, Anil K.; Yonker, Scott E. - In: Journal of financial economics 103 (2012) 1, pp. 20-40

Persistent link: https://www.econbiz.de/10009492486

What Does CEOs’ Personal Leverage Tell Us About Corporate Leverage?

Cronqvist, Henrik; Makhija, Anil K.; Yonker, Scott E. - Institute for Financial Research (SIFR) - 2009

, corporate leverage changes in the direction of the new CEO’s personal leverage. These results support a model with endogenous … matching of CEOs to firms. We also find that the positive relation between CEOs’ personal leverage and corporate leverage is …

Persistent link: https://www.econbiz.de/10008509442