Status | 已發表Published |
CEO Marital Status, Risk Preference and Corporate Innovation | |
Zhang, Y.; Li, M; Zheng, H. | |
2018-06-01 | |
Source Publication | International Symposium on Econometric Theory and Applications |
Abstract | This paper examines the effect of marital status of corporate executives on firms’ innovative performance as measured by Research and Development (R&D) spending, patents and citations. Based on a sample of all Chief Executive Officers (CEOs) from Standard & Poor’s (S&P) 1500 companies, we document a strong connection between single CEOs and elevated levels of both corporate innovation input and output. Corroborating evidence is found in an event study surrounding CEO transition. Our findings have potential implications for understanding variations in innovation practices and for identifying CEO who are likely to excel at innovation. |
Keyword | Marital status CEO Innovation |
Language | 英語English |
The Source to Article | PB_Publication |
PUB ID | 38699 |
Document Type | Conference paper |
Collection | DEPARTMENT OF FINANCE AND BUSINESS ECONOMICS |
Corresponding Author | Zhang, Y. |
Recommended Citation GB/T 7714 | Zhang, Y.,Li, M,Zheng, H. . CEO Marital Status, Risk Preference and Corporate Innovation[C], 2018. |
APA | Zhang, Y.., Li, M., & Zheng, H. (2018). CEO Marital Status, Risk Preference and Corporate Innovation. International Symposium on Econometric Theory and Applications. |
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