Shen, Yun, Wallace, Damien, Reddy, Krishna, and Ramiah, Vikash (2022) An investigation of CEO characteristics on firm performance. Accounting and Finance, 62 (3). pp. 3563-3607.

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Abstract

This paper considers the effects of different CEO demographic factors on firm performance in Australia. We investigate the impact of CEO characteristics on firm performance for the period January 2003 to December 2018 via panel regression models and the event study methodology. The results highlight that the CEO characteristics of gender, CEO–chairperson duality, CEO education level and CEO location have significant managerial effects on firm performance following debt- and equity-related announcements. The CEO characteristics findings add support for the Upper Echelon Theory and provide important implications for board members and human resource departments investigating the efficiency and fairness of CEOs.

Item ID:	75755
Item Type:	Article (Research - C1)
ISSN:	1467-629X
Keywords:	Australian market; CEO characteristics; Firm performance
Copyright Information:	© 2021 Accounting and Finance Association of Australia and New Zealand.
Date Deposited:	22 Aug 2022 23:54
FoR Codes:	35 COMMERCE, MANAGEMENT, TOURISM AND SERVICES > 3502 Banking, finance and investment > 350204 Financial institutions (incl. banking) @ 25% 35 COMMERCE, MANAGEMENT, TOURISM AND SERVICES > 3502 Banking, finance and investment > 350202 Finance @ 75%
SEO Codes:	11 COMMERCIAL SERVICES AND TOURISM > 1102 Financial services > 110201 Finance services @ 100%
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