We investigate how digital transformation affects corporate risk-taking by using the data of China's A-share listed … transformation is significantly and positively related to managerial ability, which promotes corporate risk-taking. We also provide … further evidence that the impact of digital transformation on corporate risk-taking becomes more pronounced as economic policy …

This study quantifies the impact of write-down equity (WDE) on bank stability and risk-taking incentives under … their prices. Our paper shows that: first, write-down equity plays an important role in eliminating managerial risk-taking … equity incentives and penalties. With low leverage ratio, risk-taking incentives dominate while the write-down ratio falls …