Artikel
Does top executives' US experience matter? Evidence from US-listed Chinese firms
Foreign firms face enormous obstacles in attracting investors and analysts when issuing securities in the United States. We use US-listed Chinese firms as our research sample and find that firms that hire top executives (i.e., Chief Executive Officer [CEO] or Chief Financial Officer [CFO]) with work experience in the US or educational qualifications from the US attract more US institutional investors and analysts. Further, we find that CFOs' US experience dominates the results. Corroborating our results, we further find that firms with US-experienced CFOs are more likely to hold conference calls and voluntarily issue management forecasts, which suggests that CFOs with a US background are better at communicating with US investors and analysts and acting in alignment with US norms compared with Chinese CFOs. Collectively, our results suggest that hiring a CFO with a US background could facilitate cross-listed foreign firms to lower US investors' and analysts' information disadvantage.
- Language
-
Englisch
- Bibliographic citation
-
Journal: China Journal of Accounting Research ; ISSN: 1755-3091 ; Volume: 9 ; Year: 2016 ; Issue: 4 ; Pages: 267-282 ; Amsterdam: Elsevier
- Classification
-
Management
- Subject
-
US-listed Chinese firms
Top executives' US experience
Analysts following
Institutional holdings
- Event
-
Geistige Schöpfung
- (who)
-
Li, Jingjing
Wei, Minghai
Lin, Bingxuan
- Event
-
Veröffentlichung
- (who)
-
Elsevier
- (where)
-
Amsterdam
- (when)
-
2016
- DOI
-
doi:10.1016/j.cjar.2015.11.002
- Handle
- Last update
-
10.03.2025, 11:44 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Artikel
Associated
- Li, Jingjing
- Wei, Minghai
- Lin, Bingxuan
- Elsevier
Time of origin
- 2016
Other Objects (12)
Numb family proteins: novel players in cardiac morphogenesis and cardiac progenitor cell differentiation
The costs of socializing with government officials: A new measure of corporate political connections
A one-year longitudinal study on the mediating role of problematic TikTok use and gender differences in the association between academic stress and academic procrastination
A Dataset for Blockholders in US-Listed Firms
Sex and sexual orientation in relation to tobacco use among young adult college students in the US: a cross-sectional study
Preferential regulation of duplicated genes by microRNAs in mammals
Association between the oxidative balance score with metabolic syndrome traits in US adults
Influence of microbiota and metabolites on the quality of tobacco during fermentation
Professional competencies in geriatric nursing for geriatric nurses: a latent profile analysis
The spillover effect of after-hours electronic communication on nurses’ cyberloafing: the mediating role of psychological contract breach
The relationship between ethical climate and nursing service behavior in public and private hospitals: a cross-sectional study in China
Identification and characterization of thirty novel microsatellite DNA markers from the Chinese mitten crab Eriocheir sinensis expressed sequence tags
Numb family proteins: novel players in cardiac morphogenesis and cardiac progenitor cell differentiation
The costs of socializing with government officials: A new measure of corporate political connections
A one-year longitudinal study on the mediating role of problematic TikTok use and gender differences in the association between academic stress and academic procrastination
A Dataset for Blockholders in US-Listed Firms
Sex and sexual orientation in relation to tobacco use among young adult college students in the US: a cross-sectional study
Preferential regulation of duplicated genes by microRNAs in mammals
Association between the oxidative balance score with metabolic syndrome traits in US adults
Influence of microbiota and metabolites on the quality of tobacco during fermentation
Professional competencies in geriatric nursing for geriatric nurses: a latent profile analysis
The spillover effect of after-hours electronic communication on nurses’ cyberloafing: the mediating role of psychological contract breach
The relationship between ethical climate and nursing service behavior in public and private hospitals: a cross-sectional study in China
Identification and characterization of thirty novel microsatellite DNA markers from the Chinese mitten crab Eriocheir sinensis expressed sequence tags
Numb family proteins: novel players in cardiac morphogenesis and cardiac progenitor cell differentiation
The costs of socializing with government officials: A new measure of corporate political connections
A one-year longitudinal study on the mediating role of problematic TikTok use and gender differences in the association between academic stress and academic procrastination
A Dataset for Blockholders in US-Listed Firms
Sex and sexual orientation in relation to tobacco use among young adult college students in the US: a cross-sectional study
Preferential regulation of duplicated genes by microRNAs in mammals
Association between the oxidative balance score with metabolic syndrome traits in US adults
Influence of microbiota and metabolites on the quality of tobacco during fermentation
Professional competencies in geriatric nursing for geriatric nurses: a latent profile analysis
The spillover effect of after-hours electronic communication on nurses’ cyberloafing: the mediating role of psychological contract breach
The relationship between ethical climate and nursing service behavior in public and private hospitals: a cross-sectional study in China