TITLE:
Oversea Background Executive, Risk-Taking and Corporate Performance
AUTHORS:
Yulin Guo
KEYWORDS:
Oversea Background Executive, Risk-Taking, Corporate Performance, Environment System, The Mediating Effect
JOURNAL NAME:
Modern Economy,
Vol.9 No.12,
December
27,
2018
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.