Entrepreneurial human capital, equity concentration and firm performance: Evidence from companies listed on China's Growth Enterprise Market

被引：7
|
作者：
Hu, Jitao [1 ]
Hu, Longying [1 ]
Hu, Mingzhu [2 ]
Dnes, Antony [3 ]
机构：
[1] Harbin Inst Technol, Sch Management, Harbin, Peoples R China
[2] Harbin Inst Technol, Sch Management, Shenzhen, Peoples R China
[3] Barney Barnett Sch Business & Free Enterprise, Ctr Free Enterprise, Lakeland, FL USA
来源：
MANAGERIAL AND DECISION ECONOMICS | 2023年 / 44卷 / 01期
关键词：
OWNERSHIP CONCENTRATION; START-UPS; CORPORATE GOVERNANCE; FOUNDER; IMPACT; RESOURCES; SUCCESS; MANAGEMENT; FINANCE;
D O I：
10.1002/mde.3673
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
In this work, a sample of firms listed on China's Growth Enterprise Market (GEM) is employed to investigate the impact of human capital and equity concentration on firm performance. It shows that entrepreneurs' education level, industry experience and technical professional background have a positive impact on firm performance. Moreover, the higher the equity concentration, the better a firm's performance. Entrepreneurs with rich industry experience and a technical professional background tend to collect and condense equity, thereby increasing equity concentration. These findings reveal the relationship between entrepreneurial human capital and ownership concentration and enrich research on firm performance.
引用
收藏
页码：187 / 196
页数：10
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