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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
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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
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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, Guillaume Schier
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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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SSRN Electronic Journal, 2018
More 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.
Ye Wang, David Yin
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More 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.
Ye Wang, David Yin
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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
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