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Keywords: CEO marital Status
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Journal Articles
International Journal of Managerial Finance (2023) 19 (5): 1098–1123.
Published: 02 February 2023
...Md Noman Hossain; Md Nazmul Hasan Bhuyan Purpose The extant literature provides evidence that single CEOs are less risk-averse. Building on the theory of risk aversion, the authors argue that the risk aversion trait arising from CEO’s marital status partially explains capital allocation efficiency...
