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Executive educational background, corporate governance and corporate default risk

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  • Zheng, Yu
  • Zheng, Mingnan
  • Zhang, Juan

Abstract

This paper investigates the association between executive educational background and corporate default risk, and analyzes the mechanism of corporate governance as a regulating factor. The research in this paper shows that: (1) executive educational background negatively affects corporate default risk. (2) Corporate governance plays a moderating role in the influence of executive educational background on corporate default risk. (3) The higher the level of corporate governance, the greater the impact of executive educational background on default risk.

Suggested Citation

  • Zheng, Yu & Zheng, Mingnan & Zhang, Juan, 2024. "Executive educational background, corporate governance and corporate default risk," Finance Research Letters, Elsevier, vol. 67(PB).
    • Handle: RePEc:eee:finlet:v:67:y:2024:i:pb:s1544612324008158
    DOI: 10.1016/j.frl.2024.105785
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    References listed on IDEAS

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