Do married CEOs Foster more efficient innovation?
نویسندگان
چکیده
We examine the impact of CEO marital status on firm innovative efficiency. find that firms led by married CEOs produce 8% more patents and citations per unit investment generate explorative patents. Married create a culture tolerance among their employees is conducive to risk taking, efficient innovation (1) in regions value social capital (2) favorable employee treatment. tolerant produces when occurring tandem with mechanisms facilitating long-term strategic orientation.
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ژورنال
عنوان ژورنال: Review of Financial Economics
سال: 2022
ISSN: ['1873-5924', '1058-3300']
DOI: https://doi.org/10.1002/rfe.1174