The dark side effects of CEO general managerial skills on corporate overinvestment

• Published in: Asia Pacific journal of management Vol. 41; no. 4; pp. 2277 - 2300
• Main Authors: Chen, Man, Liu, Si, Wang, Feng, Guo, Rui
• Format: Journal Article
• Language: English
• Published: New York Springer US 01.12.2024; Springer Nature B.V
• Subjects: Boundary conditions; Business and Management; Chief executive officers; Corporate growth; Management; Managerial skills; Work experience; Generalist CEO; Corporate overinvestment; CEO general managerial skills
• ISSN: 0217-4561; 1572-9958
• DOI: 10.1007/s10490-023-09910-8

Effective investment is recognized as a powerful determinant of firms’ growth and long-term advantages. However, despite long and extensive research on the upper echelons, the role of top managers’ work experiences in corporate investments remains unclear. With an investigation of the effect of CEO...