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Persistent link: https://www.econbiz.de/10011382749
ability and innovative output is weaker for older CEOs and managers who stay in the same job for longer, suggesting a … managers more positively, suggesting that equity holders deem better skilled managers more effective at converting innovative …
Persistent link: https://www.econbiz.de/10013006237
In contrast to studies examining the effects of government incentives such as environmental regulation on corporate green innovation, this paper investigates the influence of CEO reputation, a market-based incentive mechanism, on companies’ green innovation behavior. Utilizing green patent...
Persistent link: https://www.econbiz.de/10014353510
This paper investigates the effect of superstar CEOs on their competitors. Exploiting shocks to CEO status due to prestigious media awards, we document a significant positive stock market performance of competitors of superstar CEOs subsequent to the award. The effect is more pronounced for...
Persistent link: https://www.econbiz.de/10011344197
Using data on birthplaces of 2,065 CEOs and a local measure of cultural individualism based on the westward expansion in American history, I find a positive relation between CEO cultural individualism and corporate innovation. Firms with individualistic CEOs file more patents and receive more...
Persistent link: https://www.econbiz.de/10013323739
greater is the investment in R&D. Strategic managers seek and cultivate growth opportunities to resolve the uncertainty …
Persistent link: https://www.econbiz.de/10012845564
We analyze the effect of CEO food culture on corporate innovation using a sample of Chinese listed firms from 2000 to 2016. We extend benign masochism and behavioral consistency theories to determine that a CEO with Szechuan cuisine food culture is positively associated with corporate...
Persistent link: https://www.econbiz.de/10012869595
analysts that follow them. These effects likely exert more pressure on managers to meet short-term goals and hence impede the …
Persistent link: https://www.econbiz.de/10012822622
Building on prior research that postulates a positive relationship between firms’ cash flow and innovation output, we examine whether the use of cashflow performance metrics in CEOs’ compensation contracts has a positive effect on firms’ innovation output. We hypothesize and find that...
Persistent link: https://www.econbiz.de/10013297747
Founder-CEOs invest more in R&D projects. My findings suggest this is an over- investment problem since founder …
Persistent link: https://www.econbiz.de/10013057195