Agglomeration economies and firm performance in Chinese cities: does CEO educational specialization matter

被引：1

作者：

Zhang, Cui ^{[1
]}

Wang, Baifang ^{[1
]}

机构：

[1] Jinan Univ, Sch Econ, Guangzhou, Peoples R China

来源：

JOURNAL OF THE ASIA PACIFIC ECONOMY | 2024年 / 29卷 / 02期

基金：

中国国家自然科学基金;

关键词：

CEO; educational specialization; externalities; firm performance; TOP MANAGEMENT TEAM; CULTURAL-DIVERSITY; GROWTH; PRODUCTIVITY; CAPABILITIES; INNOVATION; KNOWLEDGE; SERVICES; IMPACT;

D O I：

10.1080/13547860.2022.2067934

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper examines how CEOs educational background affects the agglomeration economies-firm performance relationship based on the upper echelons theory. With a sample of Chinese software and information technology services public listed firms, it is found that CEO educational specialization helps firms to reap the benefits of agglomeration. Specifically, firms led by CEOs with science or engineering degrees benefit more from specialization externalities, while firms led by CEOs with business, economics or legal degrees enjoy more diversity externalities. This paper contributes to the specialization versus diversity debate by stating the importance of individual CEOs.

引用

页码：863 / 881

页数：19

共 54 条

[1] The impact of geographic differences in human capital on service firm formation rates [J].