2021
DOI: 10.1007/s11365-020-00721-7
|View full text |Cite
|
Sign up to set email alerts
|

Do CEO characteristics influence a firm’s investment in brand equity? Evidence from Chinese listed firms

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...
2
1
1
1

Citation Types

1
10
0

Year Published

2021
2021
2024
2024

Publication Types

Select...
6
1

Relationship

0
7

Authors

Journals

citations
Cited by 16 publications
(11 citation statements)
references
References 57 publications
1
10
0
Order By: Relevance
“…Third, the following four controls at the management level were included: (1) CEO age , calculated as the number of years between birth and the fiscal year (Glass et al, 2016; Ortiz‐de‐Mandojana et al, 2019); (2) CEO gender , which is coded one if the CEO is male and one if female (Faccio et al, 2016; He et al, 2022); (3) management compensation , measured as the total compensation paid to all senior executives in the respective fiscal year in million USD (Frydman & Jenter, 2010); and (4) sustainability compensation incentives , which is coded one if the senior executive's compensation is linked to CSR, health and safety, or sustainability targets (zero otherwise) (Cordeiro & Sarkis, 2008; Ortiz‐de‐Mandojana et al, 2019).…”
Section: Methodsmentioning
confidence: 99%
“…Third, the following four controls at the management level were included: (1) CEO age , calculated as the number of years between birth and the fiscal year (Glass et al, 2016; Ortiz‐de‐Mandojana et al, 2019); (2) CEO gender , which is coded one if the CEO is male and one if female (Faccio et al, 2016; He et al, 2022); (3) management compensation , measured as the total compensation paid to all senior executives in the respective fiscal year in million USD (Frydman & Jenter, 2010); and (4) sustainability compensation incentives , which is coded one if the senior executive's compensation is linked to CSR, health and safety, or sustainability targets (zero otherwise) (Cordeiro & Sarkis, 2008; Ortiz‐de‐Mandojana et al, 2019).…”
Section: Methodsmentioning
confidence: 99%
“…The upper echelon theory argues that managers' different psychological and observable traits (such as career concerns, age, experience, tenure, education and ability) are key determinants of strategic policy implementation (Hambrick, 2007;Hambrick and Mason, 1984;Mahmoudian et al, 2021). A previous study by He et al (2022) based on the upper echelons theory investigated the relationship between CEO characteristics and brand equity investment and found interesting results such as CEO tenure, CEO duality positively, CEO negatively and CEO gender and CEO education have no significant on the brand equity investment in Chinese listed firms from 2012 to 2018. Therefore, we assume that CEOs, as the most influential managers in their companies, have the potential to perceive and adjust their strategic goals and objectives.…”
Section: Literature Review and Hypothesis Development 21 Theoretical ...mentioning
confidence: 98%
“…Their study documented that younger CEOs have more aggressive and high-risk-taking behavior because they want to signify their superior capabilities. He et al (2022) found that CEO age is significantly negatively associated with investment in brand equity in Chinese listed firms from 2012 to 2018. Gray and Cannella (1997) observed that CEO age is related to the time horizon while making a decision.…”
Section: The Relationship Of Chief Executive Officer Age and Global R...mentioning
confidence: 99%
“…First, there is limited evidence on the impact of CEO duality on investment behaviors. Among those that do, they focus primarily on degrees of capital expenditure (Menshawy et al , 2021), diversification of business segments (Kim et al , 2009) and investment in brand equity (He et al , 2022). This study is similar to that of Rajkovic (2020), which used investment behaviors that deviated from those of the average industry as a measure of investment efficiency and the author found that CEO duality decreases both over- and under-investment problems in the USA.…”
Section: Introductionmentioning
confidence: 99%