We examine the moderating effect of employees’ ratings of their CEOs on the relation between CEO overconfidence and firm value. Obtaining the employees’ CEO approval data from Glassdoor, we test the hypothesis that CEO overconfidence with a high approval rating is associated with higher...

We examine whether and how CEOs’ conscientiousness affects managerial learning from stock prices. We use a deep learning-based natural language processing model to detect personality from textual records of an individual’s spoken language. Following personality psychologists’ description...

This study examines the effect of employee satisfaction on firms’ cost behavior. Exploring over a million employees’ ratings collected from Glassdoor between 2008 and 2020, we find that higher employee satisfaction is associated with a higher degree of asymmetry in cost behavior....

When credit application experiences are examined, minority-owned small firms are not the discouraged borrowers that credit outcome studies generally suggest. This paper examines repeated application for credit by small firms. Univariate statistical analysis reveals that persistence is necessary...

When credit application experiences are examined, minority-owned small firms are not the discouraged borrowers that credit outcome studies generally suggest. This paper examines repeated application for credit by small firms. Univariate statistical analysis reveals that persistence is necessary...