CEO sexual scandals and corporate decisions.

• Main Authors: Wong, Wai Hang., Teo, Angelique Wan Lin., Lim, Cheryl.
• Other Authors: Gao Changhong
• Format: Final Year Project
• Language: English
• Published: 2012
• Subjects: DRNTU::Business::Finance::Corporate governance; DRNTU::Business::Management::Leadership
• Online Access: http://hdl.handle.net/10356/48435
• Institution: Nanyang Technological University

We used reported CEO sex scandals as a proxy for lack of self-control and examined the effects of this deficiency on corporate decisions. We found that stock markets react negatively to news of sexual scandal and the CEOs are more likely to be fired afterwards. We found that CEOs with sexual scandal...