This study examines whether firms’ financial fraudulent behavior varies when local firms are led by nonlocal CEOs. Building on the social identity theory, we argue that nonlocal CEOs, due to their different location-based social identities, are perceived as outgroup leaders and face intergroup...

Drawing on the upper echelons and time orientation theories, we examined the influence of managers’ temporal disposition on corporate financial asset allocation. We used textual analysis to measure managerial myopia, and panel data analysis shows that management myopia will increase the...

This study utilizes the upper echelons and time orientation theoretical frameworks to analyze the impact of managers' temporal disposition on financial asset allocation within corporations. Through textual analysis and panel data analysis, the study demonstrates a positive correlation between...