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Author

M. H. Shahrour

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Sep 2026

CEO stock ownership and firm default risk

This study examines the effect of chief executive officer (CEO) stock ownership on firm default risk. While equity-based incentives are expected to align managerial and shareholder interests and enhance firm survival, alternative mechanisms – such as CEO under-diversification, entrenchment, and risk-shifting incent...

M. H. Shahrour, I. Girerd-Potin, Khalil Alayoubi · 0 citations

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