The Effect of Chairman-Senior Management Team’s Vertical Dyad Differences on Risk-Taking in the Information Age
- DOI
- 10.2991/978-94-6463-030-5_123How to use a DOI?
- Keywords
- Vertical Dyad Differences; Risk-Taking; Equity Incentive
- Abstract
Based on the background of information age, taking 2010–2019 A-share listed companies in Shanghai and Shenzhen stock exchanges as samples, this paper empirically tested the influence of vertical dyad differences in characteristics of the chairman-senior management team on the enterprise risk-taking level under information technology, and investigated the regulatory role of equity incentive. The results show that the vertical dyad differences of the chairman-senior management team’s age and tenure can reduce the level of enterprise risk-taking, while the vertical dyad difference of professional experience can improve the level of enterprise risk-taking. Equity incentive can weaken the negative effect of vertical dyad differences of age and tenure on the level of risk-taking, and equity incentive can strengthen the positive impact of vertical dyad differences of professional experience on the level of risk-taking. This paper not only enriches the research of the vertical dyad differences and enterprise risk-taking, but also provides reference for enterprises to use information technology reasonably and manage risks effectively.
- Copyright
- © 2023 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - Xiaolin Sun AU - Yanfei Wang PY - 2022 DA - 2022/12/20 TI - The Effect of Chairman-Senior Management Team’s Vertical Dyad Differences on Risk-Taking in the Information Age BT - Proceedings of the 2022 International Conference on Bigdata Blockchain and Economy Management (ICBBEM 2022) PB - Atlantis Press SP - 1240 EP - 1252 SN - 2589-4919 UR - https://doi.org/10.2991/978-94-6463-030-5_123 DO - 10.2991/978-94-6463-030-5_123 ID - Sun2022 ER -