Abstract
This paper uses the data of 224 Chinese listed companies from 2007 to 2017 to study the relationship between returnee managers, risk-taking and corporate innovation performance. The research results show that the returnee managers are significantly positively correlated with the innovation performance of the enterprise; the returnee managers are positively related to the enterprise risk-taking; the risk-taking is the mediator of the returnee managers and the innovation performance of the enterprises.
Highlights
Innovation is an important force to promote the development and progress of enterprises
The research results show that the returnee managers are significantly positively correlated with the innovation performance of the enterprise; the returnee managers are positively related to the enterprise risk-taking; the risk-taking is the mediator of the returnee managers and the innovation performance of the enterprises
It is found that the proportion of enterprise returnee managers is positively correlated with innovation performance
Summary
Innovation is an important force to promote the development and progress of enterprises. The important role of “innovation” in enterprise development is self-evident, and if the enterprises want to survive and thrive in a fiercely competitive environment, they need constant innovation. In the process of enterprise innovation investment decision-making, the role of managers is extremely critical. It is a key figure for enterprises to enhance their competitiveness, and is one of the important driving forces. Returnee managers have an international vision and relationship resources, and the impact on corporate per-. What is the impact of returnee managers on corporate innovation performance? How does it affect the innovation performance of the enterprises? What is the impact of returnee managers on corporate innovation performance? How does it affect the innovation performance of the enterprises? This paper uses the data of 224 listed companies in China from 2007 to 2017 to explore the relationship between returnee managers and corporate innovation performance, and takes risk-taking as a mediator to further study the mutual relationship between returnee managers, risk-taking and corporate innovation performance, and provides new ideas for improving the innovation performance of enterprises
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