Topic: Do Military Executives Affect Corporate Performance? Evidence from Industrial Competitive Pressure

Lecturer: Ying HAO is Professor and doctorial supervisor at Beijing Normal University. The main research areas are including Corporate Governance, Corporate Finance and Capital Markets. In recent years, he has published more than 30 papers in high-level journals such as Economic Research Journal, Management World, Journal of Management Science in China, Financial Management, and Pacific Basin Finance Journal.

Time: Dec. 26, 2018, Wednesday, 16:00-17:00

Venue: Room 913, Main Building in city campus of CUFE

Moderator: Libo YIN, associate professor in the School of Finance at CUFE

Abstract: We examined military experience of executives and the impact of this particular background on corporate performance, including sales growth, cost efficiency and operating performance, under industrial competitive pressure. We found that military executives have better corporate performance main found in high competitive industries. Furthermore, we identified whether or not military executives achieve higher performance at the expense of product quality and workplace safety. We found that military executives have fewer product recall cases and workplace safety accidences under industrial competitive pressure, even with the financial constraint.