27392 research outputs found
Sort by
CEO extraversion and the cost of equity capital
We examine whether CEO extraversion, an important personality trait associated with leadership, is associated with firms\u27 expected cost of equity capital. We measure CEO extraversion using CEOs\u27 speech patterns during the unscripted portion of conference calls. After controlling for multiple CEO and firm-specific variables, we find a strong positive incremental association between CEO extraversion and firms\u27 expected cost of capital. Moreover, cost of equity increases when a more extraverted CEO replaces a less extraverted CEO. In addition, we find that firms with relatively extraverted CEOs take more risk and exhibit lower credit ratings, which is associated with higher cost of equity capital. These results are statistically and economically meaningful and do not appear to be driven by reverse causality, endogenous matching, look-ahead bias, or bias in analysts\u27 earnings forecast
At CHDI conference, advocates inspire acceleration of quest for Huntington’s disease therapies
Oscar Taylor Blackburn Bookplate Commissioned for Phi Delta Theta
https://digital.sandiego.edu/bookplates-artists-blackburn/1021/thumbnail.jp
Donna Frances Davis Bookplate Commissioned by Jean Booth
https://digital.sandiego.edu/bookplates-artists-davis/1000/thumbnail.jp
Adrian George Feint Bookplate Commissioned by M. I. Humphries
https://digital.sandiego.edu/bookplates-artists-feint/1010/thumbnail.jp
Adrian George Feint Bookplate Commissioned by Thea Proctor
https://digital.sandiego.edu/bookplates-artists-feint/1016/thumbnail.jp
Edwin Davis French Bookplate Commissioned by John Skelton Williams
https://digital.sandiego.edu/bookplates-artists-french/1054/thumbnail.jp
Edwin Davis French Bookplate Commissioned by Cercle Francais
https://digital.sandiego.edu/bookplates-artists-french/1063/thumbnail.jp