CEO foreign experience and firm performance: does CEO tenure matter?
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Author
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Nguyen Thanh HuongThe University of Danang - University of Economics, Danang, VietnamHa Phuoc VuThe University of Danang - University of Economics, Danang, Vietnam
Từ khóa:
CEO foreign experience
firm performance
Vietnam
Tóm tắt
The study examines the impact of CEO foreign experience on firm performance and the effect of CEO tenure on this relation in the Vietnamese market. Using a unique, hand-collected dataset of non-financial firms listed on the Ho Chi Minh stock exchange (HOSE) over the period from 2013 to 2021, we find that firms led by CEOs with overseas experience tend to have higher performance as compared to their counterparts. In addition, CEO tenure strengthens the positive relationship between managerial foreign experience and firm performance. The findings indicate the importance of foreign experienced CEOs in fostering firm performance, especially in emerging markets like Vietnam.
Tài liệu tham khảo
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Dec 31, 2023
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Huong, N. T., và H. P. Vu. “CEO Foreign Experience and Firm Performance: Does CEO Tenure Matter?”. Tạp Chí Khoa học Và Công nghệ - Đại học Đà Nẵng, vol 21, số p.h 12.2, Tháng Chạp 2023, tr 7-11, doi:10.31130/ud-jst.2023.570E.12.2.