We undertake a broad-based study of the effect of managerial risk-taking incentives on
corporate financial policies and show that the risk-taking incentives of chief executive …

We examine the implication of executive gender on asset prices. Using a large sample of US
public firms during 2006–2015, we find a negative association between female CFOs and …

Unlike other debt, most bank loans have floating rates mechanically tied to monetary policy
rates. Hence, monetary policy can directly affect the liquidity and balance sheet strength of …

This study provides strong evidence of a causal effect of risk-taking incentives provided by
option compensation on corporate risk management. We utilize the passage of Financial …

The cash-flow exposure of banks to interest rate risk, or income gap, is a significant
determinant of the transmission of monetary policy to bank lending and real activity. When …

Existing cross-sectional findings on nonfinancial firms' use of derivatives that are usually
interpreted as the result of hedging may alternatively be due to speculation. Panel data …

I analyze the effects of bank characteristics and macroeconomic shocks on interest rate risk-
management behavior of commercial banks. My findings are consistent with hedging …

We examine whether the compensation incentives of top management affect the extent of
risk shifting versus risk management behavior in pension plans. We find that risk shifting …

Scholars have devoted considerable effort to exploring the causes of executive behavior,
with the accumulated research spanning multiple social science disciplines. This variety is …

Considerable prior research investigates whether the extent of insider presence on
corporate boards is detrimental. However, the majority of past research treats all inside …