Proceedings of the 2022 International Conference on Bigdata Blockchain and Economy Management (ICBBEM 2022)

The Effect of Chairman-Senior Management Team’s Vertical Dyad Differences on Risk-Taking in the Information Age

Authors
Xiaolin Sun1, Yanfei Wang1, *
1School of Management, Dalian Polytechnic University, Dalian, China
*Corresponding author. Email: 13164337807@163.com
Corresponding Author
Yanfei Wang
Available Online 20 December 2022.
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.

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Volume Title
Proceedings of the 2022 International Conference on Bigdata Blockchain and Economy Management (ICBBEM 2022)
Series
Atlantis Highlights in Intelligent Systems
Publication Date
20 December 2022
ISBN
978-94-6463-030-5
ISSN
2589-4919
DOI
10.2991/978-94-6463-030-5_123How to use a DOI?
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  -