CEOs versus CFOs: Incentives and corporate policies

By Sudheer Chava, Amiyatosh Purnanandam. 2010

528 citations recorded by the source corpus.

Subfields: Accounting, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/b07152f9948ef7b4979db5b207fcf38b5419b553

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Citations in the corpus

How far can we trust earnings numbers? What research tells us about earnings management (2013, background): “Chava and Purnanandam (2010) examine the effects of risk-increasing and riskdecreasing incentives on the choices of CEOs and CFOs.”
Stock Options and Managerial Incentives for Risk-Taking: Evidence from FAS 123R (2012, methodology): “Chava and Purnandam (2009) also find a positive association between convexity and leverage and further show that greater convexity is also associated with lower cash balances.”
Stock price crash risk: review of the empirical literature (2018, unknown): “Since CFOs oversee the financial reporting process, their incentives might be more influential in a decision setting where sophisticated financial expertise is required to manipulate information flows to the market (Jiang, Petroni, and Wang, 2010; Chava and Purnanandam, 2010).”
Accruals and price crashes (2016, background): “(2010) and Chava and Purnanandam (2010) show that the incentive ratio”
The Impact of CEO Narcissism on Earnings Management (2018, unknown): “However, this research examines manager effects in terms of corporate governance, remuneration, and institutional factors (Chava and Purnanandam, 2010; Jia et al., 2014).”
Executive stock options, gender diversity in the top management team, and firm risk taking (2015, methodology): “…firm and performance outcomes, other TMT members also play an important role in meeting the firm's objectives, and exert a direct influence on complex corporate decisions such as investing in R&D (Alessandri & Pattit, 2014) and financial policy (Bertrand & Schoar, 2003; Chava & Purnanandam, 2010).”
The impact of top executive gender on asset prices: Evidence from stock price crash risk (2019, unknown): “, 2010), debt maturity structure and earnings smoothing decisions (Chava and Purnanandam, 2010), and crash risk (Kim et al.”
Corporate Policies of Republican Managers (2014, background): “…literature demonstrates that various managerial characteristics, including overconfidence (Malmendier and Tate (2005)), personal risk preferences (Chava and Purnanandam (2010)), military background (Benmelech and Frydman (2014)), life experiences (Malmendier, Tate, and Yan (2011)), height and…”
Seeing is believing? Executives' facial trustworthiness, auditor tenure, and audit fees (2020, unknown): “19 Our finding that auditors charge a lower audit fee to trustworthy-looking CFOs also highlights the crucial role of CFOs in financial reporting, which has beenwell documented in prior literature (Aier et al., 2005; Chava and Purnanandam, 2010; Ham et al., 2017; Jiang et al., 2010; Kim et al., 2011”
The Relation between Equity Incentives and Misreporting: The Role of Risk-Taking Incentives (2013, methodology): “For example, Cheng and Farber (2008) examine the relation between misreporting and the number of options granted to managers during the year. They conjecture that ‘‘too high a level of options can induce excessive risk-taking in investment decisionsy when these investments do not produce positive re”
The Impact of CFO Gender on Bank Loan Contracting (2013, unknown): “, Geiger and North (2006), Matsunaga and Yeung (2007), Peni (2008), Chava and Purnanandam (2010), Huang and Kisgen (2010) and Jiang et al.”