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Journal Article
Are Inventors Better CEOs? Evidence from China
by Qifeng Zhao , Qianfeng Luo , Long Wang  and  Wenyin Chen
Abstract
This study investigates the impact of inventor CEOs on firm performance using a manually collected database of firms' inventors. Our findings reveal that, on average, firms with inventor CEOs experience a one- and two-percentage-point increase in ROA and ROE, respectively, compared to firms with noninventor CEOs. To address potential endogeneity issues, we employ turnover analy [...] Read more