We find that firms led by Chief Financial Officers (CFOs) who are relatively more concerned about their future job prospects are less likely to take actions that result in poor discretionary quality reporting during an Initial Public Offering (IPO). In addition, our results show that CFOs with...

Bank failure prediction is a popular topic that requires highly accurate results. We contribute to the literature by determining whether models based on the crisis data are suitable for predicting bank failure during a stable period and which predictors can be held for long-term forecasting. In...

We find that newly public firms run by financial expert CEOs have a lower probability of involuntary delisting and a longer survival time. We attribute this finding to the fact that CEOs with a career background in finance gain better access to the primary equity market, as evidenced by a more...

Using a text-based measure as a proxy for a firm’s geographically concentrated business interests, we document that geographic concentration reduces the probability of failure risk for newly listed firms. We find that the effect is more pronounced in soft information environments, and in small...