CEO facial masculinity and bank risk-taking

Overgeneralizing Emotions: Facial Width-To-Height Revisited

“…Specifically, they were found to score higher on trait measures of psychopathy (Anderl et al, 2016;Geniole et al, 2014;Noser et al, 2018), to be more likely to cheat or exploit others in experimental game settings (Geniole et al, 2014;Haselhuhn & Wong, 2012;Stirrat & Perrett, 2010), and to more readily endorse racial prejudices (Hehman et al, 2013). Field studies added ecological validity to these findings by showing fWHR to correlate with achievement drive in US American presidents (Lewis et al, 2012) and Chinese financial analysts (He et al, 2019), with game performance of and/or penalties received by professional hockey, baseball, football players, and martial arts fighters (Carré & McCormick, 2008;Trebicky et al, 2015;Tsujimura & Banissy, 2013;Welker et al, 2015), and with leadership status and/or leadership performance in large companies (Ahmed et al, 2019;Alrajih & Ward, 2014;Hahn et al, 2017;Kamiya et al, 2019;Mills & Hogan, 2020).…”

Overgeneralizing emotions: Facial width-to-height revisited.

“…Specifically, they were found to score higher on trait measures of psychopathy (Anderl et al, 2016; Geniole et al, 2014; Noser et al, 2018), to be more likely to cheat or exploit others in experimental game settings (Geniole et al, 2014; Haselhuhn & Wong, 2012; Stirrat & Perrett, 2010), and to more readily endorse racial prejudices (Hehman et al, 2013). Field studies added ecological validity to these findings by showing fWHR to correlate with achievement drive in U.S. American presidents (Lewis et al, 2012) and Chinese financial analysts (He et al, 2019), with game performance of and/or penalties received by professional hockey, baseball, football players, and martial arts fighters (Carré & McCormick, 2008; Třebický et al, 2015; Tsujimura & Banissy, 2013; Welker et al, 2015), and with leadership status and/or leadership performance in large companies (Ahmed et al, 2019; Alrajih & Ward, 2014; Hahn et al, 2017; Kamiya et al, 2019; Mills & Hogan, 2020). Taken together, and summarized by two independent meta-analyses (Geniole et al, 2015; Haselhuhn et al, 2015), fWHR has been linked with aggression, dominance, and social status in a variety of research settings.…”

To What Extent does CEO Behavior Enhance Risk-Taking? A Banking Sector Related Evidence

“…They are extensively used in the banking literature, and consist in the insolvency risk (ZSCORE), credit risk (NPL), as well as equity return volatility (SDVOL). In a first stage, we undertake to use the Z-score (Laeven and Levine, 2009;Skala and Weill, 2018;Ahmed et al, 2019;Zhou et al, 2019), measured as the sum of return on average asset (ROA) and equity to total assets ratio or capital asset ratio (CAR) divided by the ROA standard deviation over the sample period. Actually, the ZSCORE value is inversely related to the probability of bank insolvency, therefore, the higher the Z-score is, the greater the stability will be.…”

“…Hence, CEO duality would serve as the moderator variable between CEO dominance and bank risk-taking in the present analysis context. Thus, the moderator variable has been incorporated to help assess the intensity or weakness of such a relationship (Ahmed et al, 2019).…”