Managerial Risk Aversion and Corporate Risk-Taking
A study of Japanese CFOs reveals that those with higher risk aversion and less personal portfolio diversification tend to invest less in risky projects, engage more in hedging with derivatives, and choose lower financial leverage.
Featured in No. 47 on 1 May 2024 · 6 days after release
- Released
- 25 Apr 2024
- First featured
- No. 47 · 1 May 2024
- Published in
- Not yet, as far as Semantic Scholar knows
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- 4
- Identifier
- SSRN 4807932
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