The effect of CEO power on corporate performance: evidence from China
This study linked CEO power to firm performance variability and examined the moderating role of state ownership in this relationship. Drawing on background theory on CEO power, we developed and tested hypotheses using the data of 465 samples from the listed Chinese enterprises. The positive relationship between CEO power and firm performance variability was found as well as the moderating effect of state ownership: CEO power has a greater positive impact on performance variability in stateowned enterprises than in nonstate enterprises.
CEOpower performancevariability state ownership
Shouming Chen Zhaoxia Wang
School of Economics and ManagementTongji UniversityShanghai 200092, China School of Economics and Management Tongji University Shanghai 200092, China
国际会议
广州
英文
1-4
2011-05-13（万方平台首次上网日期，不代表论文的发表时间）