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- W3215174927 abstract "We administer psychometric tests to senior executives to obtain evidence on their underlying psychological traits and attitudes. We find US CEOs differ significantly from non-US CEOs in terms of their underlying attitudes. In addition, we find that CEOs are significantly more optimistic and risk-tolerant than the lay population. We provide evidence that CEOs’ behavioral traits such as optimism and managerial risk-aversion are related to corporate financial policies. Further, we provide new empirical evidence that CEO traits such as risk-aversion and time preference are related to their compensation. & 2013 Elsevier B.V. All rights reserved." @default.
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- W3215174927 date "2009-01-01" @default.
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- W3215174927 title "Managerial attitudes and corporate actions" @default.
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