Dupes or Incompetents? An Examination of Management's Impact on Firm Distress

By J. T. Leverty, Martin Grace. 2012

137 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/b91b0bcc749db78df0dd09759b26cdad0e00f50c

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Citations in the corpus

Quantifying Managerial Ability: A New Measure and Validity Tests (2012, background): “Alternatively, Leverty and Qian (2011) estimate a very similar estimation by industry and year, resulting in a higher average firm efficiency score (0.”
The Role of Managerial Ability in Corporate Tax Avoidance (2017, unknown): “…used in many disciplines to measure efficiency at the firm and manager levels (e.g., Thore et al. 1994, Murthi et al. 1996, Barr and Siems 1997, Leverty and Grace 2012). by comparing the inputs of firm i to the inputs of all other firms within the same industry-year and computes a firm…”
Managerial Ability and Credit Ratings (2017, unknown): “This conclusion is consistent with results provided by Leverty and Grace (2012) indicating that managerial ability is inversely related to the amount of time distressed firms spend in financial distress as well as the likelihood and cost of failure.”
Managerial Ability, Investment Efficiency and Stock Price Crash Risk (2017, unknown): “, 1996), the incidence of corporate bankruptcies (Barr and Siems, 1997; Leverty and Grace, 2012) as well as the effect of fund managers on mutual fund industries (Murthi et al.”
Readability of Narrative Disclosures in 10-K Reports: Does Managerial Ability Matter? (2018, unknown): “…2003), and innovation productivity (Cho, Halford, Hsu, & Ng, 2016), exhibit less corporate tax avoidance (Koester, Shevlin, & Wangerin, 2017) and a lower likelihood and cost of insolvency (Leverty & Grace, 2012), and obtain more favorable loan contract terms (Francis, Hasan, & Yun, 2013).”
Bank liquidity creation and risk-taking: : Does managerial ability matter? (2016, unknown): “Moreover, Leverty and Grace (2012) suggest that managerial ability is important and economically significant in terms of influencing firm performance.”