An Empirical Study on the Background Characteristics of Executives and Enterprise Investment Efficiency

DOI

10.2991/icmesd-19.2019.29How to use a DOI?

Keywords

Management background, Investment efficiency, Empirical research.

Abstract

The company's various decisions and investment behaviors are affected by the "company personality" factor. This paper selects the Shanghai-Shenzhen A-share listed companies from 2010 to 2016 as research samples, and empirically tests the relationship between management background characteristics and corporate investment efficiency. The study finds that gender differences in senior management are not significantly related to investment efficiency; the higher the average age of senior management team is, the lower the level of investment in large and non-efficiency is; the higher the level of education of the senior management team is, the lower the level of non-efficiency investment is. The study can enrich relevant research literature and provide empirical evidence from transition countries.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Zhen-Yi Wang
AU  - Han Zhu
AU  - Ying-Qi Wang
PY  - 2019/07
DA  - 2019/07
TI  - An Empirical Study on the Background Characteristics of Executives and Enterprise Investment Efficiency
BT  - Proceedings of the 5th Annual International Conference on Management, Economics and Social Development (ICMESD 2019)
PB  - Atlantis Press
SP  - 194
EP  - 199
SN  - 2352-5428
UR  - https://doi.org/10.2991/icmesd-19.2019.29
DO  - 10.2991/icmesd-19.2019.29
ID  - Wang2019/07
ER  -