Capital expenditure and firm performance : do CEO reputation and political connection matter?

• Main Authors: Chen, Hui Ting., Cher, Sook Yee., Sim, Alvin Yuxun.
• Other Authors: Jian Ming
• Format: Final Year Project
• Language: English
• Published: 2009
• Subjects: DRNTU::Business::Accounting; DRNTU::Business::Management::Leadership
• Online Access: http://hdl.handle.net/10356/15116
• Institution: Nanyang Technological University

This paper examines how CEO reputation and political connection will affect the firm’s performance immediately upon and after a capital expenditure (Capex) announcement. Our sample consists of 1,803 capital expenditure announcements made by 732 Asian-pacific listed companies from different industrie...