文章基本信息

标题：Generalist or Specialist? The Skills of CEO and Director That Really Matter to Firm Performance
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作者：Muhammad Saiful Hakim ; Chih Liang Liu
期刊名称：Modern Economy
印刷版ISSN：2152-7245
电子版ISSN：2152-7261
出版年度：2021
卷号：12
期号：12
页码：1768-1781
DOI：10.4236/me.2021.1212090
语种：English
出版社：Scientific Research Publishing
摘要：The policy reforms on disclosure of individual skills and the increasing number of studies focusing on individual attributes of CEOs and directors have motivated research exploring the skill of directors. In this study, we are examining the benefit of director skill and firm performance. This study answers whether the skill generality or skill specialty is beneficial to the firm. We employ the multidimensional category of skill variable for director and CEO on the Taiwan stock market. The empirical result shows that executives and board members with higher educational backgrounds, expertise, and experiences contribute to higher firm performance and lower firm risks. Furthermore, we also find that generalist skill in directors is associated with better firm performance and firm risk.
关键词：Skill;Firm Performance;CEO;Board of Directors