CEO Behavioral Integrity, Auditor Responses, and Firm Outcomes

Published: May 26, 2018
Abstract
This study forwards a linguistic-based measure of the important but difficult-to-operationalize trait of CEO integrity. We contend low-integrity CEOs lack credibility when communicating, which creates a demand for explanations beyond that created by existing firm-specific or other CEO characteristics. We derive and validate a dictionary to capture explanations, and apply the dictionary to a sample of over 30,000 annual CEO shareholder letters....
Paper Details
Title
CEO Behavioral Integrity, Auditor Responses, and Firm Outcomes
Published Date
May 26, 2018
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