Data Sets

1. Estimates of executive's non-firm wealth

The data set below contains estimates of the non-firm wealth for a sample of U.S. executives. This estimate of non-firm wealth is derived from ExecuComp data (release from September 2022) and has first been described and used in Dittmann and Maug (2007). Here the negative value are filtered out. You can download the dataset in SAS and Excel format. Before using the data, please read the documentation that is also available for download here.

2. Risk avoidance

In Dittmann, Yu,and Zhang (2017), we calculate a measure of risk avoidance in Section 4.3. We use ExecuComp data (release from January 2014) to compute these risk avoidances for γ = 0.5, 1, 2, 3, 4, and 6.