Essec\Faculty\Model\Contribution {#2216 ▼
#_index: "academ_contributions"
#_id: "14598"
#_source: array:26 [
"id" => "14598"
"slug" => "14598-when-do-stock-options-affect-ceo-risk-taking-the-moderating-role-of-ceo-regulatory-focus"
"yearMonth" => "2024-07"
"year" => "2024"
"title" => "When do stock options affect CEO risk-taking? The moderating role of CEO regulatory focus"
"description" => "CHEN, Y., CHUNG, T.S., LIN, C. et LOW, A. (2024). When do stock options affect CEO risk-taking? The moderating role of CEO regulatory focus. <i>Journal of Business Finance and Accounting</i>, 55(7-8), pp. 1724-1761. 
CHEN, Y., CHUNG, T.S., LIN, C. et LOW, A. (2024). When do stock options affect CEO risk-taking? The "
"authors" => array:4 [
0 => array:3 [
"name" => "CHUNG Tuck Siong"
"bid" => "B00732684"
"slug" => "chung-tuck-siong"
]
1 => array:1 [
"name" => "CHEN Yenn‐Ru"
]
2 => array:1 [
"name" => "LIN Chia‐Hsien"
]
3 => array:1 [
"name" => "LOW Angie"
]
]
"ouvrage" => ""
"keywords" => array:4 [
0 => "CEO regulatory focus"
1 => "executive stock options"
2 => "executive traits"
3 => "risk taking incentives"
]
"updatedAt" => "2025-02-06 11:05:25"
"publicationUrl" => "https://doi.org/10.1111/jbfa.12762"
"publicationInfo" => array:3 [
"pages" => "1724-1761"
"volume" => "55"
"number" => "7-8"
]
"type" => array:2 [
"fr" => "Articles"
"en" => "Journal articles"
]
"support_type" => array:2 [
"fr" => "Revue scientifique"
"en" => "Scientific journal"
]
"countries" => array:2 [
"fr" => null
"en" => null
]
"abstract" => array:2 [
"fr" => "Executive stock options are provided to risk-averse CEOs to encourage risk-taking. We show that the efficacy of such stock options is moderated by CEOs’ regulatory focus—their intrinsic motivations to avoid losses or achieve gains. We show that stock options have a negligible impact on the risk-taking behavior of CEOs who are intrinsically motivated to avoid losses or take on risks. The impact of stock options on firm risk is strongest among CEOs whose regulatory focus is moderate and whose behavior is thus more malleable. Our paper shows that CEO intrinsic risk-taking motivations have important implications for the effectiveness of extrinsic risk-taking incentives provided by stock options. Executive stock options are provided to risk-averse CEOs to encourage risk-taking. We show that the "
"en" => "Executive stock options are provided to risk-averse CEOs to encourage risk-taking. We show that the efficacy of such stock options is moderated by CEOs’ regulatory focus—their intrinsic motivations to avoid losses or achieve gains. We show that stock options have a negligible impact on the risk-taking behavior of CEOs who are intrinsically motivated to avoid losses or take on risks. The impact of stock options on firm risk is strongest among CEOs whose regulatory focus is moderate and whose behavior is thus more malleable. Our paper shows that CEO intrinsic risk-taking motivations have important implications for the effectiveness of extrinsic risk-taking incentives provided by stock options. Executive stock options are provided to risk-averse CEOs to encourage risk-taking. We show that the "
]
"authors_fields" => array:2 [
"fr" => "Marketing"
"en" => "Marketing"
]
"indexedAt" => "2025-04-17T04:21:40.000Z"
"docTitle" => "When do stock options affect CEO risk-taking? The moderating role of CEO regulatory focus"
"docSurtitle" => "Journal articles"
"authorNames" => "<a href="/cv/chung-tuck-siong">CHUNG Tuck Siong</a>, CHEN Yenn‐Ru, LIN Chia‐Hsien, LOW Angie"
"docDescription" => "<span class="document-property-authors">CHUNG Tuck Siong, CHEN Yenn‐Ru, LIN Chia‐Hsien, LOW Angie</span><br><span class="document-property-authors_fields">Marketing</span> | <span class="document-property-year">2024</span> <span class="document-property-authors">CHUNG Tuck Siong, CHEN Yenn‐Ru, LIN Chia‐Hsien, LOW Angie</s "
"keywordList" => "<a href="#">CEO regulatory focus</a>, <a href="#">executive stock options</a>, <a href="#">executive traits</a>, <a href="#">risk taking incentives</a> <a href="#">CEO regulatory focus</a>, <a href="#">executive stock options</a>, <a href="#">executive "
"docPreview" => "<b>When do stock options affect CEO risk-taking? The moderating role of CEO regulatory focus</b><br><span>2024-07 | Journal articles </span> <b>When do stock options affect CEO risk-taking? The moderating role of CEO regulatory focus</b><br> "
"docType" => "research"
"publicationLink" => "<a href="https://doi.org/10.1111/jbfa.12762" target="_blank">When do stock options affect CEO risk-taking? The moderating role of CEO regulatory focus</a> <a href="https://doi.org/10.1111/jbfa.12762" target="_blank">When do stock options affect CEO risk-t "
]
+lang: "en"
+"_type": "_doc"
+"_score": 8.97166
+"parent": null
}
