Finance & Accounting Seminar
Oct 14, 2010
from 01:00 PM to 02:00 PM
|Where||Room W2.01, Cambridge Judge Business School|
|Contact Name||Ella Hewitt|
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Cristo Karuna (University of Houston) presenting.
Title: CEO reputation and internal corporate governance
Abstract: This study examines how CEO reputation affects internal governance strength in firms. Drawing from several streams of research in economics, finance, and accounting, I generate several competing hypotheses on this relation. Using several proxies for CEO reputation, I find a U-shaped relation between CEO reputation and governance strength along many governance dimensions. This study makes a contribution to the literature by enhancing our understanding of the observed heterogeneity in corporate governance strength across firms.
Bio: Christo Karuna is an accounting faculty member at the C.T. Bauer College of Business at the University of Houston. After receiving his PhD in accounting at the University of Michigan, the top ranked accounting doctoral program in the United States, he worked for several years as an assistant professor in accounting at the Paul Merage School of Business at the University of California at Irvine prior to his current tenure at the University of Houston. Christo has taught accounting and finance courses to all levels of students ranging from the undergraduate accounting program to senior executives in the Executive MBA program. He also teaches in an accounting doctoral course and advises several doctoral students. Prior to becoming an academic, Christo worked as an accountant and consultant for large international accounting firms and corporations. His research interests lie broadly in corporate governance. Christo has published articles in leading accounting journals and his research has received wide acclaim in the academic community