CEO cultural and financial backgrounds and corporate innovation

被引：0
|
作者：
Yan, Jie [1 ,2 ]
Gu, Xin [1 ,3 ]
Xie, Zongtang [2 ]
机构：
[1] Sichuan Univ, Business Sch, Chengdu 610064, Peoples R China
[2] Northwest Minzu Univ, Sch Management, Lanzhou 730030, Gansu, Peoples R China
[3] Chengdu Soft Innovat Intelligence Assoc, Chengdu 610023, Peoples R China
来源：
FINANCE RESEARCH LETTERS | 2024年 / 66卷
关键词：
CEO; Cultural diversity; Financial background; Corporate innovation; ENVIRONMENT;
D O I：
10.1016/j.frl.2024.105670
中图分类号：
F8 [财政、金融];
学科分类号：
0202 ;
摘要：
This study explores the relationship between CEO cultural and financial background and corporate innovation based on a comprehensive sample of China's A-share listed companies from 2012 to 2022. Utilizing an unbalanced panel data set of 2317 firms, this study employs empirical models to test the effect of CEOs' cultural and financial backgrounds on innovation outcomes. The findings highlight the important role of CEO cultural traits, particularly diversity, in enhancing corporate innovation performance. In addition, CEOs' financial knowledge significantly amplifies the positive relationship we identified. This study provides valuable insights to practitioners by mapping the relationship between CEO background and innovation outcomes.
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页数：7
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