IFA - Corporate Financial Distress and CEONetworks

ARX Administrator    Harjeet S. Bhabra, Ahmed H. Eissa,
13 Feb 2018
Category: ESG

Country or region: Asia Pacific (Overall)

Summary:
We study if positional embeddedness, specifically local degree and eigenvector centrality for CEOs, has an impact on the likelihood of the firm experiencing financial distress. Examining the impact three, two and one year prior to the event we conclude that an increase in CEO degree and eigenvector centrality ranking increases ......


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