CEO金融背景对企业经营绩效影响研究——基于倾向得分匹配法(PSM)和Logit模型

被引:18
作者
周锦培
机构
[1] 中南财经政法大学财政与税务学院
关键词
CEO; 金融背景; 企业经营绩效; PSM; logit模型;
D O I
10.16339/j.cnki.hdxbcjb.2020.04.010
中图分类号
F832.51 []; F272.91 [企业领导]; F272.3 [经营决策]; F275 [企业财务管理];
学科分类号
1201 ; 020204 ; 1202 ; 120202 ;
摘要
依据沪深两市交易所主板上市的A股公司数据,采用倾向得分匹配法(PSM)和logit回归模型考量CEO金融背景对上市企业经营绩效影响。结果表明:具有金融背景的CEO并不会对上市企业经营绩效的提升带来显著改进;中介作用机制分析发现,拥有金融背景的CEO会更容易通过增加企业的金融性资产比例从而增大企业的经营风险。
引用
收藏
页码:70 / 77
页数:8
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