CEO任期与R&D强度:年龄和教育层次的影响

被引:40
作者
陈守明
简涛
王朝霞
机构
[1] 同济大学经济与管理学院
基金
国家自然科学基金重点项目;
关键词
R&D强度; CEO任期; CEO的年龄; CEO的教育层次;
D O I
暂无
中图分类号
F272.91 [企业领导];
学科分类号
1201 ;
摘要
以2004—2008年披露的R&D支出的602个中国上市公司为样本,实证研究了上市公司CEO任期与R&D强度的关系。研究结果表明,CEO的任期与R&D强度呈倒U型关系,且这一转折点发生在CEO任期约为7年的时候。不同年龄层次和教育层次的CEO,其任期与R&D强度的关系存在显著差异:年龄小于45岁的CEO,其任期与R&D强度显著正相关,年龄大于等于45岁的CEO,其任期与R&D强度显著负相关;学历低于本科的CEO,其任期与R&D强度呈倒U型关系,学历高于本科的CEO,其任期与R&D强度显著正相关,而学历为本科的CEO,其任期与R&D强度无显著关系。
引用
收藏
页码:159 / 165
页数:7
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