CEOs’ Decision-making Power and Stock Price Crash Risk: Evidence from Iran

The aim of the current paper is to examine whether the chief executive officer’s (CEOs’) decision-making power effects stock price crash risk. Using an index that encompasses CEO duality, ownership power and CEO tenure as the sources of CEO power and negative conditional return skewness to measure s...

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Bibliographic Details
Main Authors: Hamid Zarei, Mohsen Dahmarde Ghaleno, Hossein JafariJam, Fatemeh Rakhshani
Format: Article
Language:English
Published: Ferdowsi University of Mashhad 2018-08-01
Series:Iranian Journal of Accounting, Auditing & Finance
Subjects:
Online Access:https://ijaaf.um.ac.ir/article_25047_1fb7794c675196b0a4630ffe948b99aa.pdf