The Influence of Chief Executive Officers* Traits on Financial Risk Management Perceptions: Evidence from Malaysia

作者:Ahmad Shukri Yazid; Mohd Rasid Hussin; Wan Norhayate Wan Daud
来源:International Journal of Economics and Finance, 2012.
DOI:10.5539/ijef.v4n4p78

摘要

The main aimed of this study is to examine the Chief Executive Officers* (CEOs*) traits in relation to the perceptions of financial risk management during three time periods, namely, before the financial crisis 1997, during the crisis and after the crisis. A survey questionnaire was designed and distributed to CEOs of public listed companies under the Malaysian Bourse. A total of 54 CEOs responded to the survey. The main findings of the study are as follows: a) Before and after the crisis, CEOs gave the highest priority to business risk as compared to financial risk; b) During the crisis, CEOs gave a higher priority to financial risk; c) Younger CEOs attributed the highest priority to financial risk; d) More experienced CEOs attributed the highest priority to foreign exchange and interest rate risk and e) Malay CEOs gave a higher priority to financial risk than Chinese CEOs.

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