Do CEO's traits matter in innovation outcomes?

被引:6
|
作者
Loukil, Nadia [1 ]
Yousfi, Ouidad [2 ]
机构
[1] Univ Carthage, Univ Tunis El Manar, FSEG Tunis, ISG Bizerte,FCF UR, BP 248, Tunis 2092, Tunisia
[2] MRM Univ Montpellier, Univ Montpellier, IUT Montpellier Sete CC411, 99 Ave Occitanie, F-34296 Montpellier 5, France
关键词
CEO's attributes; Product innovation; Process innovation outcomes; Patent; High-technology firms; DOUBLE-EDGED-SWORD; CORPORATE GOVERNANCE; TOP MANAGEMENT; GENDER DIVERSITY; FIRM PERFORMANCE; WOMEN DIRECTORS; UPPER ECHELONS; MANAGERIAL INCENTIVES; BOARD COMPOSITION; FOUNDER-CEOS;
D O I
10.1007/s10843-022-00309-y
中图分类号
F [经济];
学科分类号
02 ;
摘要
The study investigates the influence of CEO attributes on innovation outcomes on all firms listed on the SBF120 index between 2001 and 2013. We provide the following results. First, CEOs who graduate in business are less prone to introduce new products, while science-educated CEOs are more likely to increase the number of patents in high-technology firms. Second, the longer is the CEO tenure, the lower are the innovation outcomes, specifically in high-tech industry. Third, CEO owners are likely to invest in long-term profitable activities such as innovative projects. This drives more innovation outcomes. CEO founders, however, are more concerned about the implementation of new processes. Finally, robustness tests show that the number of patents decreases, on the long term, in the presence of female CEOs.
引用
收藏
页码:375 / 403
页数:29
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