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Academic Journal of Business & Management, 2023, 5(16); doi: 10.25236/AJBM.2023.051624.

Research on the Impact of Executive Team Characteristics on R&D Investment of Listed Companies

Author(s)

Xiaohong Lai1,2, Vincent Wee1

Corresponding Author:
Xiaohong Lai
Affiliation(s)

1Universit Tun Abdul Razak, Kuala Lumpur, 50400, Malaysia

2UniTTEC Co., Ltd, Hangzhou, Zhejiang Province, 310052, China

Abstract

In recent years, the R&D investment of listed companies has become increasingly dependent on the influence of executive teams. The executive team plays a role in accurately grasping the development direction, promoting the implementation of enterprise development strategies, and formulating rigorous R&D innovation strategies in the R&D investment of listed companies. Analyze the impact of executive team characteristics on research and development investment of listed companies based on this role. Through analysis, it can be seen that the age of the executive team can hinder the R&D investment of listed companies, and the proportion of female executives can weaken the R&D investment process of listed companies. Limiting the tenure of the executive team can help promote R&D investment of listed companies, and recruiting executive teams with rich international experience can help enhance R&D investment of listed companies.

Keywords

Characteristics of the executive team; Research and development investment of listed enterprises; Female executives; International experience

Cite This Paper

Xiaohong Lai, Vincent Wee. Research on the Impact of Executive Team Characteristics on R&D Investment of Listed Companies. Academic Journal of Business & Management (2023) Vol. 5, Issue 16: 172-175. https://doi.org/10.25236/AJBM.2023.051624.

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