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CEO背景特征对公司风险承担的影响研究

苏坤

当代经济管理2016,Vol.38Issue(11):18-25,8.
当代经济管理2016,Vol.38Issue(11):18-25,8.DOI:10.13253/j.cnki.ddjjgl.2016.11.004

CEO背景特征对公司风险承担的影响研究

A Study on the Influence of the Personal Background Features of CEOs upon Corporate Risk-taking

苏坤1

作者信息

  • 1. 西北工业大学 管理学院,陕西 西安 710129
  • 折叠

摘要

Abstract

The article, taking a corporate-level dataset of the Chinese listed companies, studied the influence of the personal background features of CEOs upon corporate risk-taking. The results show that: the older the CEOs are, the more they are conservative and risk-averse, inclining to reduce the risks that corporate may take. The longer the CEOs tenures are , the higher the specific human capital and managerial entrenchment levels would be, while the lower the corporate risk taking levels would be. The educational levels of CEOs have significantly negative relationship to corporate risk-taking. When CEOs have concurrent positions in other organizations , the corporate risk-taking levels of their companies are relatively low. Meanwhile, the genders and professional titles of CEOs have no significant impact on corporate risk-taking. The article provides inspirations and enlightenments for the better understanding of the risk-taking behaviors and of the appointment of CEOs of listed companies.

关键词

总经理/背景特征/风险承担

Key words

CEO/background features/risk-taking

分类

管理科学

引用本文复制引用

苏坤..CEO背景特征对公司风险承担的影响研究[J].当代经济管理,2016,38(11):18-25,8.

基金项目

国家自然科学基金项目(71402141);教育部人文社会科学研究青年基金项目(14YJC790103);中国博士后科学基金项目(2015M582705,2016T90943)。 (2015M582705,2016T90943)

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