@article{b1a81194c0c84b0493bdd8540c341492,
title = "Co-opted directors, gender diversity, and crash risk: evidence from China",
author = "Kao, {Erin H.} and Ho-Chuan Huang and Hung-Gay Fung and Xiaojian Liu",
note = "This study examines how the composition of the board of directors at Chinese firms affects crash risk. The results indicate that co-opted directors (i.e., directors appointed after the CEO assumed office) have a positive and significant effect on crash risk; the positive relation between board directors and crash risk is primarily driven by co-opted male directors, implying a gender difference on crash risk.",
year = "2019",
month = nov,
day = "6",
doi = "10.1007/S11156-019-00850-3",
language = "American English",
journal = "Review of Quantitative Finance and Accounting",
}