RESEARCH ON THE IMPACT OF CEOS’ OVERSEAS EXPERIENCE ON R&D INVESTMENT AND CORPORATE PERFORMANCE OF LISTED COMPANIES

Abstract

As the most important participant in the implementation of innovation strategy, the CEOs is one of the most important executives of the company. A large number of studies have shown that CEOs with overseas experience have an important impact on the company's decision-making, strategy and performance. However, does the CEOs' overseas experience affect the corporate performance? Does R & D investment play an intermediary role between a CEOs' overseas experience and corporate performance? What factors are regulated when CEOs' overseas experience act on R & D input? This paper is constructed on the basis of the existing relevant literature, based on the resource-based theory, using the gradual regression method to study the influence of the CEOs on R&D investment and the corporate performance, the mediation effect of R & D investment on the CEOs' overseas experience and the corporate performance, and the influence of the CEOs through R&D investment.