Does the Academic Experience of CEOs Affect Corporate High-Quality Development?
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| Title: | Does the Academic Experience of CEOs Affect Corporate High-Quality Development? |
|---|---|
| Language: | English |
| Authors: | Jing Zhao (ORCID |
| Source: | SAGE Open. 2025 15(2). |
| Availability: | SAGE Publications. 2455 Teller Road, Thousand Oaks, CA 91320. Tel: 800-818-7243; Tel: 805-499-9774; Fax: 800-583-2665; e-mail: journals@sagepub.com; Web site: https://sagepub.com |
| Peer Reviewed: | Y |
| Page Count: | 19 |
| Publication Date: | 2025 |
| Document Type: | Journal Articles Reports - Research |
| Descriptors: | Educational Experience, Business Administration, Administrators, Foreign Countries, Corporations, Organizational Development, Competition, Commercialization |
| Geographic Terms: | China |
| DOI: | 10.1177/21582440251335437 |
| ISSN: | 2158-2440 |
| Abstract: | Based on imprinting theories, we explored how CEOs' academic experience impacts corporate high-quality development. Using data from Chinese listed companies between 2010 and 2019 and the least squares method, we discovered that CEOs' academic experience increased corporate high-quality development by increasing corporate value creation and sharing. According to discretionary managerial theory, we further explored the boundaries of CEOs' academic experience that affects corporate high-quality development. CEOs' academic experience in corporate high-quality development is more significant when CEOs have power within the enterprise and when the product market is competitive and market-oriented. The results held when Heckman's, the double-difference method, and the placebo test were used to address the endogeneity problem. Our findings contribute to the literature on the imprinting theory and corporate high-quality development and provide a basis for deciding how governments can promote corporate high-quality development from a corporate micro-decision perspective. |
| Abstractor: | As Provided |
| Entry Date: | 2025 |
| Accession Number: | EJ1477115 |
| Database: | ERIC |
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| Abstract: | Based on imprinting theories, we explored how CEOs' academic experience impacts corporate high-quality development. Using data from Chinese listed companies between 2010 and 2019 and the least squares method, we discovered that CEOs' academic experience increased corporate high-quality development by increasing corporate value creation and sharing. According to discretionary managerial theory, we further explored the boundaries of CEOs' academic experience that affects corporate high-quality development. CEOs' academic experience in corporate high-quality development is more significant when CEOs have power within the enterprise and when the product market is competitive and market-oriented. The results held when Heckman's, the double-difference method, and the placebo test were used to address the endogeneity problem. Our findings contribute to the literature on the imprinting theory and corporate high-quality development and provide a basis for deciding how governments can promote corporate high-quality development from a corporate micro-decision perspective. |
|---|---|
| ISSN: | 2158-2440 |
| DOI: | 10.1177/21582440251335437 |
