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Economics

Washington University in St. Louis

Theses/Dissertations

Individual and Corporate Purpose

Publication Year

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Full-Text Articles in Business

Essays In Behavioral Corporate Finance, Corporate Governance, And Higher Purpose, Kingsley Wabara May 2023

Essays In Behavioral Corporate Finance, Corporate Governance, And Higher Purpose, Kingsley Wabara

Olin Business School Electronic Theses and Dissertations

Does individual financial risk-taking behavior indeed vary by gender? If yes, how exactly? Moreover, what happens when individuals with differential tendencies (e.g., risk-taking, sense of higher purpose, et cetera) come together in small groups such as the corporate board to decide on financial risk-taking or conduct intense board oversight? What role does group or board structure play in all of these? In effect, how does the within-group power and influence asymmetry affect the manifestation of the individual tendencies in boards’ decisions, corporate behavior, and financial outcomes? The lack of conclusive answers to these questions is at the core of several …


Essays In Behavioral Corporate Finance, Corporate Governance, And Higher Purpose, Kingsley Wabara May 2022

Essays In Behavioral Corporate Finance, Corporate Governance, And Higher Purpose, Kingsley Wabara

Olin Business School Electronic Theses and Dissertations

Does individual financial risk-taking behavior indeed vary by gender? If yes, how exactly? Moreover, what happens when individuals with differential tendencies (e.g., risk-taking, sense of higher purpose, et cetera) come together in small groups such as the corporate board to decide on financial risk-taking or conduct intense board oversight? What role does group or board structure play in all of these? In effect, how does the within-group power and influence asymmetry affect the manifestation of the individual tendencies in boards’ decisions, corporate behavior, and financial outcomes? The lack of conclusive answers to these questions is at the core of several …