This article investigates the impact of CEO attributes on corporate reputation,financial performance,and corporate sustainable growth in India.Using static panel data methodology for a sample of NSE listed leading 138...This article investigates the impact of CEO attributes on corporate reputation,financial performance,and corporate sustainable growth in India.Using static panel data methodology for a sample of NSE listed leading 138 non-financial companies over the time-frame 2011 to 2018,we find that CEO remuneration and tenure maintains significant positive associations with corporate reputation,while duality and CEO busyness are found to be associated with corporate reputation negatively.The results also show that female CEOs and CEO remuneration are associated with corporate financial performance positively,whereas CEO busyness,as expected,holds a significant negative relationship with corporate financial performance.Moreover,the results demonstrate that CEO age is associated with corporate sustainable growth negatively,while tenure appears to have a significant and positive association with corporate sustainable growth.The results are robust to various tests and suggest that in the Indian context,demographic and job-specific attributes of CEOs exert significant influence on corpo-rate reputation,financial performance,and corporate sustainable growth.The empirical findings would provide a basis for the shareholders and companies to identify areas of consideration when appointing CEOs and determining their roles and responsibilities.展开更多
When negative media coverage causes reputational crises,companies must find suitable tools to repair their reputation and reverse their negative image.As a CSR activity with political-and livelihood-related implicatio...When negative media coverage causes reputational crises,companies must find suitable tools to repair their reputation and reverse their negative image.As a CSR activity with political-and livelihood-related implications,targeted poverty alleviation may be an effective tool.Using data on negative media coverage of Chinese A-share private listed companies,we examine whether companies engage in targeted poverty alleviation in response to reputational crises caused by negative media coverage.We find that negative media coverage leads private companies to engage more actively and intensively in targeted poverty alleviation because of the significant increase in public attention to the bad news.These companies must urgently rebuild their positive image using targeted poverty alleviation to resolve their public opinion crisis.Further analyses suggest that original and in-depth negative media coverage is more likely to cause companies’active participation in targeted poverty alleviation.In addition,negative media coverage is more likely to lead companies to engage in targeted poverty alleviation when they are in heavily polluting industries or face greater pressure from external investors.Finally,we find that active involvement in targeted poverty alleviation helps companies improve their market reputation and thus effectively manage public relations crises caused by negative media coverage.展开更多
文摘This article investigates the impact of CEO attributes on corporate reputation,financial performance,and corporate sustainable growth in India.Using static panel data methodology for a sample of NSE listed leading 138 non-financial companies over the time-frame 2011 to 2018,we find that CEO remuneration and tenure maintains significant positive associations with corporate reputation,while duality and CEO busyness are found to be associated with corporate reputation negatively.The results also show that female CEOs and CEO remuneration are associated with corporate financial performance positively,whereas CEO busyness,as expected,holds a significant negative relationship with corporate financial performance.Moreover,the results demonstrate that CEO age is associated with corporate sustainable growth negatively,while tenure appears to have a significant and positive association with corporate sustainable growth.The results are robust to various tests and suggest that in the Indian context,demographic and job-specific attributes of CEOs exert significant influence on corpo-rate reputation,financial performance,and corporate sustainable growth.The empirical findings would provide a basis for the shareholders and companies to identify areas of consideration when appointing CEOs and determining their roles and responsibilities.
基金National Social Science Foundation of China(22AGL013)National Natural Science Foundation of China(71802043)+2 种基金the Ministry of Education of Humanities and Social Science Project(22YJA630006)the Innovation and Talent Base of Higher Education Institutions(B20084,B21038)the Fundamental Research Funds for the Central Universities of Zhongnan University of Economics and Law(2722023EJ002).
文摘When negative media coverage causes reputational crises,companies must find suitable tools to repair their reputation and reverse their negative image.As a CSR activity with political-and livelihood-related implications,targeted poverty alleviation may be an effective tool.Using data on negative media coverage of Chinese A-share private listed companies,we examine whether companies engage in targeted poverty alleviation in response to reputational crises caused by negative media coverage.We find that negative media coverage leads private companies to engage more actively and intensively in targeted poverty alleviation because of the significant increase in public attention to the bad news.These companies must urgently rebuild their positive image using targeted poverty alleviation to resolve their public opinion crisis.Further analyses suggest that original and in-depth negative media coverage is more likely to cause companies’active participation in targeted poverty alleviation.In addition,negative media coverage is more likely to lead companies to engage in targeted poverty alleviation when they are in heavily polluting industries or face greater pressure from external investors.Finally,we find that active involvement in targeted poverty alleviation helps companies improve their market reputation and thus effectively manage public relations crises caused by negative media coverage.
