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The effect of CEO reputation on company financial distress: Evidence from Pakistan

Muien, Hafiz Muhammad and Nordin, Sabariah and Badru, Bazeet Olayemi (2022) The effect of CEO reputation on company financial distress: Evidence from Pakistan. Global Business Management Review (GBMR), 14 (1). pp. 38-53. ISSN 2180-2416

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Abstract

The purpose of this study is to explore the influence of CEO Reputation on the Company Financial Distress. The population of the study is all non-financial companies that are listed on the Pakistan stock exchange (PSX). In this research, the final sample size is 285 companies that cover the period of the study from 2006 to 2017. CEO reputation plays important role in predicting financial distress. Based on the upper echelon theory, CEOs can influence in a company decision making, value creation and financial reporting decisions based on their specific skills, reputation and personal characteristics. Previous studies in the context of Pakistan are lacking to check the association between CEO reputation and company financial distress. This study contributes to the literature and fills this gap. This study also suggests that to explore the link between CEO reputation and financial distress in the emerging market.

Item Type: Article
Uncontrolled Keywords: CEO Reputation, Financial Distress, Logistics regression analysis, CEO Award, CEO Tenure, Pakistan
Subjects: H Social Sciences > HF Commerce
Divisions: Othman Yeop Abdullah Graduate School of Business
Depositing User: Mrs Nurin Jazlina Hamid
Date Deposited: 28 Nov 2023 11:19
Last Modified: 28 Nov 2023 11:19
URI: https://repo.uum.edu.my/id/eprint/30032

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