Publications-Periodical Articles

Article View/Open

Publication Export

Google ScholarTM

NCCU Library

Citation Infomation

Related Publications in TAIR

題名 CEO Organizational Identification and Corporate Innovation Investment
作者 徐愛恩
Tsui, Stephanie
Du, Dongying;Tang, Xiaojian;Wang, Huaiming;Zhang, Joseph H.;Lin, Dongjie
貢獻者 會計系
關鍵詞 CEO organisational identification; Corporate innovation; Stockownership; Firm valuation
日期 2022-09
上傳時間 23-Aug-2022 15:04:36 (UTC+8)
摘要 Identity theory in economics reveals that organisational identification motivates managers to take actions that are strongly aligned with firm interests. Nevertheless, organisational identification may also play a role in personal incentives. Leveraging the availability of CEO organisational identification data from the national internal control survey of listed firms in China, we document a positive impact of CEO organisational identification on corporate innovation. We also find that the positive impact is more pronounced for firms whose CEOs own shares, that are followed by more financial analysts, and that have higher institutional ownership. Additional analyses suggest that the interaction between CEO organisational identification and corporate innovation investment significantly enhances firm value. Overall, our study shows that CEO organisational identification is a non-trivial driver of firm innovation and growth.
關聯 Accounting and Finance, Vol.62, No.3, pp.4185-4217
資料類型 article
DOI https://doi.org/10.1111/acfi.12920
dc.contributor 會計系-
dc.creator (作者) 徐愛恩-
dc.creator (作者) Tsui, Stephanie-
dc.creator (作者) Du, Dongying;Tang, Xiaojian;Wang, Huaiming;Zhang, Joseph H.;Lin, Dongjie-
dc.date (日期) 2022-09-
dc.date.accessioned 23-Aug-2022 15:04:36 (UTC+8)-
dc.date.available 23-Aug-2022 15:04:36 (UTC+8)-
dc.date.issued (上傳時間) 23-Aug-2022 15:04:36 (UTC+8)-
dc.identifier.uri (URI) http://nccur.lib.nccu.edu.tw/handle/140.119/141494-
dc.description.abstract (摘要) Identity theory in economics reveals that organisational identification motivates managers to take actions that are strongly aligned with firm interests. Nevertheless, organisational identification may also play a role in personal incentives. Leveraging the availability of CEO organisational identification data from the national internal control survey of listed firms in China, we document a positive impact of CEO organisational identification on corporate innovation. We also find that the positive impact is more pronounced for firms whose CEOs own shares, that are followed by more financial analysts, and that have higher institutional ownership. Additional analyses suggest that the interaction between CEO organisational identification and corporate innovation investment significantly enhances firm value. Overall, our study shows that CEO organisational identification is a non-trivial driver of firm innovation and growth.-
dc.format.extent 98 bytes-
dc.format.mimetype text/html-
dc.relation (關聯) Accounting and Finance, Vol.62, No.3, pp.4185-4217-
dc.subject (關鍵詞) CEO organisational identification; Corporate innovation; Stockownership; Firm valuation-
dc.title (題名) CEO Organizational Identification and Corporate Innovation Investment-
dc.type (資料類型) article-
dc.identifier.doi (DOI) 10.1111/acfi.12920-
dc.doi.uri (DOI) https://doi.org/10.1111/acfi.12920-