Bui, Dien Giau; Chou, Robin K.; Lin, Chih-Yung; Lu, … - 2022
We examine the effects of CEO neuroticism on corporate policies for cash holdings. We hand-collect the tweets by CEOs at S&P 1500 companies to measure their neuroticism. We find that firms with relatively neurotic CEOs hold more cash than other CEOs. Using two crises as shocks to corporate...