A copy of this work was available on the public web and has been preserved in the Wayback Machine. The capture dates from 2012; you can also visit the original URL.
The file type is application/pdf
.
More than Connectedness — Heterogeneity of CEO Social Network and Firm Value
2012
Social Science Research Network
This paper examines through various channels the effects of CEO social network heterogeneity on firm value. We construct four measures of heterogeneity based on demographic attributes, intellectual backgrounds, professional experience, and geographical exposures of individuals in the CEO social network. We find that CEO social network heterogeneity leads to higher Tobin's Q of firms. Greater CEO social network heterogeneity also leads to: (i) more innovation, (ii) more foreign sales growth,
doi:10.2139/ssrn.2130790
fatcat:lbu3p6bd4vanbkwhzkibqjhk3y