CEO characteristics and firm performance: evidence from private listed firms in China

被引：12

作者：

Rahman, Md Jahidur ^{[1
]}

Chen, Xianxian ^{[1
]}

机构：

[1] Wenzhou Kean Univ, Dept Accounting, Wenzhou, Peoples R China

来源：

CORPORATE GOVERNANCE-THE INTERNATIONAL JOURNAL OF BUSINESS IN SOCIETY | 2023年 / 23卷 / 03期

关键词：

CEO characteristics; Firm performance; Gender; Age; Duality; Political connection; Tenure; China; Corporate governance; Accounting; G34; L25; BOARD CHARACTERISTICS; POLITICAL CONNECTION; GENDER DIVERSITY; IMPACT; TENURE; ORGANIZATION; VALUATION; AGE;

D O I：

10.1108/CG-01-2022-0004

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Purpose This study aims to examine the effect of the chief executive officer (CEO) characteristics on corporate performance in private listed firms in China. Design/methodology/approach Fixed effects regressions are used to explore the connection of CEO age, tenure, political connection, duality and gender with firm performance. The final panel data sample consists of 16,010 firm-year observations from 2010 to 2020, including A-share private firms listed in the Shenzhen and Shanghai Stock Exchanges. Findings Five hypotheses are proposed, and results show that certain CEO characteristics, such as age, tenure and political connection, are positively related to corporate performance. Contrary to expectations, CEO duality and gender do not affect firm performance. Originality/value Findings present implications for future research on corporate governance and political connections of private listed firms.

引用

页码：458 / 477

页数：20

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