Seeking safety: The relation between CEO inside debt holdings and the riskiness of firm investment and financial policies
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DOI: 10.1016/j.jfineco.2011.10.008
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Keywords
Inside debt; Pensions; Deferred compensation; CEO incentives; Risk-seeking behavior;JEL classification:
- G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
- G33 - Financial Economics - - Corporate Finance and Governance - - - Bankruptcy; Liquidation
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