CEO Investment Cycles

Yihui Pan, Tracy Yue Wang, Michael S. Weisbach

NBER Working Paper No. 19330
Issued in August 2013

---- Acknowledgements ----

We would like to thank Shan Ge and Jongsik Park for excellent research assistance and Murillo Campello, Sergey Chernenko, Charlie Hadlock, Brandon Julio, Kathy Kahle and seminar participants in the 2013 China International Conference on Finance for helpful comments on an earlier draft. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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