Conferences - Seminars

  12:15-13:15 Extranef building, room 126

Between 2007 and 2016, approximately 7.6% of U.S. firms disclosed that their CEOs had pledged company stock as collateral for a loan. On average, CEOs pledge 38% of their shares. The mean dollar value of margin loans is an economically sizeable $65 million. CEOs use the funds to either double down, hedge their ownership, or ... Read more about "Why do CEOs pledge their own company's stock?"
By Kornelia FABISIK (PhD candidate, SFI@EPFL)