Author Information

Lok Chi LamFollow

Start Date

14-10-2022 1:00 PM

End Date

14-10-2022 2:15 PM

Location

Discovery Hall 206

Presenter Information

I am a Master's student majoring in Economics at South Dakota State University.

Submission Type

Competitive Paper

Track

Accounting and Finance

Abstract

This paper investigates the connection between CEO types and firm efficiency. I utilize the general ability index (GAI) as a proxy to examine and separate CEO types: generalist CEOs and specialist CEOs. Initially, I applied the pooled ordinary least square on 26,830 firm-year observations to explore the GAI effect on firm efficiency. The finding shows that GAI has a negative impact on firm efficiency. It indicates that CEOs with lower GAI are better at improving firm efficiency; for instance, specialist CEOs are preferable to generalist CEOs. Further analysis of CEO types using the quadrant method supports this result.

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Oct 14th, 1:00 PM Oct 14th, 2:15 PM

CEO Types and Firm Efficiency

Discovery Hall 206

This paper investigates the connection between CEO types and firm efficiency. I utilize the general ability index (GAI) as a proxy to examine and separate CEO types: generalist CEOs and specialist CEOs. Initially, I applied the pooled ordinary least square on 26,830 firm-year observations to explore the GAI effect on firm efficiency. The finding shows that GAI has a negative impact on firm efficiency. It indicates that CEOs with lower GAI are better at improving firm efficiency; for instance, specialist CEOs are preferable to generalist CEOs. Further analysis of CEO types using the quadrant method supports this result.

 

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