CEO international experience and foreign IPOs
Document type :
Article dans une revue scientifique
Title :
CEO international experience and foreign IPOs
Author(s) :
Duan, Tinghua [Auteur]
Lille économie management - UMR 9221 [LEM]
Hou, Wenxuan [Auteur]
Rees, William [Auteur]
Lille économie management - UMR 9221 [LEM]
Hou, Wenxuan [Auteur]
Rees, William [Auteur]
Journal title :
Economic Modelling
Pages :
461-470
Publisher :
Elsevier
Publication date :
2020-05
ISSN :
0264-9993
English keyword(s) :
Returnee
Foreign IPOs
Entrepreneurial firms
CEO
International experience
Foreign IPOs
Entrepreneurial firms
CEO
International experience
HAL domain(s) :
Sciences de l'Homme et Société
Sciences de l'Homme et Société/Gestion et management
Sciences de l'Homme et Société/Gestion et management
English abstract : [en]
This paper examines listing location as a managerial decision by using a sample of IPOs of Chinese entrepreneurial firms in mainland China, the United States and Hong Kong. We find that Chinese entrepreneurial firms managed ...
Show more >This paper examines listing location as a managerial decision by using a sample of IPOs of Chinese entrepreneurial firms in mainland China, the United States and Hong Kong. We find that Chinese entrepreneurial firms managed by CEOs with international experience are more likely to undertake foreign IPOs, especially those returned from countries with more advanced legal institutions and those operating in high-tech industries. The credibility crisis for Chinese firms in 2010 switched the focus of foreign IPOs from the US to Hong Kong. These results are consistent across returnee CFOs and other senior executives with international experience.Show less >
Show more >This paper examines listing location as a managerial decision by using a sample of IPOs of Chinese entrepreneurial firms in mainland China, the United States and Hong Kong. We find that Chinese entrepreneurial firms managed by CEOs with international experience are more likely to undertake foreign IPOs, especially those returned from countries with more advanced legal institutions and those operating in high-tech industries. The credibility crisis for Chinese firms in 2010 switched the focus of foreign IPOs from the US to Hong Kong. These results are consistent across returnee CFOs and other senior executives with international experience.Show less >
Language :
Anglais
Peer reviewed article :
Oui
Audience :
Internationale
Popular science :
Non
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