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CEO Marital Status, Risk Preference and Corporate Innovation
Zhang, Y.; Li, M; Zheng, H.
2018-06-01
Source PublicationInternational Symposium on Econometric Theory and Applications
AbstractThis 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.
KeywordMarital status CEO Innovation
Language英語English
The Source to ArticlePB_Publication
PUB ID38699
Document TypeConference paper
CollectionDEPARTMENT OF FINANCE AND BUSINESS ECONOMICS
Corresponding AuthorZhang, 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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