Executive educational background, corporate governance and corporate default risk

Yu Zheng, Mingnan Zheng and Juan Zhang

Finance Research Letters, 2024, vol. 67, issue PB

Abstract: This paper investigates the association between executive educational background and corporate default risk, and analyzes the mechanism of corporate governance as a regulating factor. The research in this paper shows that: (1) executive educational background negatively affects corporate default risk. (2) Corporate governance plays a moderating role in the influence of executive educational background on corporate default risk. (3) The higher the level of corporate governance, the greater the impact of executive educational background on default risk.

Keywords: Executive educational background; Corporate governance; Corporate default risk (search for similar items in EconPapers)
Date: 2024
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:67:y:2024:i:pb:s1544612324008158

DOI: 10.1016/j.frl.2024.105785

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