. We consider how managers respond to stock price crashes. Management becomes more focused on improving transparency … capital and employee welfare. These actions result in the increase in firm value. We also find evidence that management …

have practical implications for firms and managers developing communication strategies for new disclosure mediums like …

and the price-performance-sensitivity of their portfolios also increased, but, managers held less shares and more options …

more able managers over-invest compared to their not-so-able counterparts, even after controlling for the effects of … risk increases for firms with talented managers, primarily because of an adverse effect of managerial talent on financial … reporting quality (both accruals and real earnings management) and this effect is more pronounced for firms that over …

.g. earnings management, management guidance, and tax avoidance), managers have fixed-effects on “other channels” of news …This paper investigates whether individual CEOs and CFOs have “styles” (i.e. managers' fixed- effects) when it comes to … managers that move across firms and employing a manager fixed effect model, we find that both CEOs and CFOs have fixed …

objectives. It is shown that, paradoxically, firm owners allow managers with higher propensity to manipulate the short‐term stock … price to push for higher powered and more short‐term‐focused equity incentives. Such managers also work harder, and …