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Executive team's digital background, financial flexibility and corporate innovation: Evidence from China
被引:2
|作者:
Wei, Wei
[1
]
Zhang, Liyan
[1
]
Zhang, Jing
[2
]
机构:
[1] Tianjin Univ Finance & Econ, Sch Management Sci & Engn, Tianjin 300222, Peoples R China
[2] Tianjin Renai Coll, Sch Intelligent Media & Design Arts, Tianjin 301636, Peoples R China
关键词:
Executive team;
Digital background;
Financial flexibility;
Corporate innovation;
D O I:
10.1016/j.frl.2024.106007
中图分类号:
F8 [财政、金融];
学科分类号:
0202 ;
摘要:
Taking China's Shenzhen and Shanghai A-share non-financial listed companies as a research sample from 2018 to 2022, this study explores the relationship between executive team's digital background and corporate innovation. The empirical study shows that executive team's digital background can significantly promote corporate innovation. Financial flexibility plays a mediating role in the relationship between executive team's digital background and corporate innovation. In non-state-owned firms with longer executive tenure, executive team's digital background has a more significant effect on corporate innovation. This study provides theoretical support and practical guidance for strengthening corporate innovation.
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页数:7
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