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Oversea Background Executive, Risk-Taking and Corporate Performance
College of Economy, Jinan University, Guangzhou, China
- 1 College of Economy, Jinan University, Guangzhou, China
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Abstract
Overseas background executives are becoming more and more important to enterprises. By analyzing the data of A-share listed companies in China from 2011 to 2017, this paper finds that the existence of overseas background executives is conducive to the improvement of corporate performance. And senior managers with overseas working experience and core managers with overseas experience in enterprises can play a more important role. At the same time, the study shows that risk-taking plays a mediating role in the impact of overseas executives on corporate performance. And only when the external institutional environment is good, can overseas executives play their role.
KeywordsOversea Background ExecutiveRisk-TakingCorporate PerformanceEnvironment SystemThe Mediating Effect
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