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CSR and Family CEO: The Moderating Role of CEO’s Age
Journal of Business Ethics, 2020This study examines to what extent different types of CEOs in family firms influence external and internal stakeholder-related CSP as compared to CEOs in nonfamily firms. Linking family CEO and nonfamily CEO with CSR outcomes, we provide evidence that family CEOs are positively associated with both external and internal CSR, whereas nonfamily CEOs ...
Olivier Meier
exaly +5 more sources
CEO age and analysts forecast properties
Asian Review of Accounting, 2019Purpose The purpose of this paper is to assess whether there is an association between CEO age and analysts forecast properties (particularly forecast accuracy and bias/optimism). CEOs, having the central role in managing firms, can significantly influence the financial and non-financial decisions in an organisation.
Imran Haider +2 more
exaly +2 more sources
The acquisitiveness of youth: CEO age and acquisition behavior
Journal of Financial Economics, 2013Abstract I demonstrate that acquisitions are accompanied by large, permanent increases in Chief Executive Officer (CEO) compensation, which create strong financial incentives for CEOs to pursue acquisitions earlier in their career. Accordingly, I document that a firm's acquisition propensity is decreasing in the age of its CEO: a firm with a CEO who ...
exaly +3 more sources
The Greyer the Greener: CEO Age and Green Innovation
Business Strategy and the EnvironmentABSTRACTAmidst conflicting perspectives on the impact of CEO age on the adoption of risky strategies with long‐term environmental consequences, this study investigates the relation between CEO age and green innovation performance. Leveraging a 12‐year dataset of Chinese listed firms, we find that older CEOs promote higher levels of green innovation ...
Umair Bin Yousaf
exaly +2 more sources
CEO age and CEO gender: Are female CEOs older than their male counterparts?
Finance Research Letters, 2016Abstract Motivated by the debate on gender inequality, we study CEO gender and CEO age. Because women face significantly more obstacles in advancing their careers, it may take them longer to reach the top position, i.e. the chief executive officer (CEO). If this is the case, female CEOs should be older than their male counterparts on average.
Pradit Withisuphakorn, Pornsit Jiraporn
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CEO's age and acquisition behaviors of REITs
Real Estate Economics, 2021AbstractThis paper examines how the investment activities of REITs are affected by the age of their CEOs. Tracking the property acquisition activities of 150 REIT CEOs between 1974 and 2017, we find robust evidence of younger CEOs engaging more frequently and spending more monies on property acquisitions.
Fan Zhang, Joseph T. L. Ooi
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European Financial Management, 2020
AbstractMore than 10% of the S&P 1500 companies have hired a CEO who starts the job near or above the conventional retirement age of 65 years old. This phenomenon exists among all industries and persists over time. Firms are more likely to hire retiring CEOs when the CEO job risk is high and when the firm is in distress. Retiring CEOs receive lower
Ye Wang, Sirui Yin
openaire +1 more source
AbstractMore than 10% of the S&P 1500 companies have hired a CEO who starts the job near or above the conventional retirement age of 65 years old. This phenomenon exists among all industries and persists over time. Firms are more likely to hire retiring CEOs when the CEO job risk is high and when the firm is in distress. Retiring CEOs receive lower
Ye Wang, Sirui Yin
openaire +1 more source
Working capital management and CEO age
Journal of Behavioral and Experimental Finance, 2021Abstract The existing literature provides strong evidence that working capital management affects a firm’s performance and value. In this paper, we examine how CEO age affects firms’ working capital decisions. Using a sample of 28,243 firm-year observations of U.S. firms from 1993 to 2018, we find that net operating working capital increases with CEO
Robert B. Burney +2 more
openaire +1 more source

