Ex-military strategic leaders and corporate social performance: effects and boundaries

IF 7.1 3区管理学 Q1 BUSINESS

European Research on Management and Business Economics Pub Date : 2025-07-17 DOI:10.1016/j.iedeen.2025.100288

Ge Ren , Ping Zeng , Xi Zhong

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Abstract

Exmilitary strategic leaders, by whether and when they affect corporate social performance (CSP), have not been systematically explored to date. On the basis of imprinting theory, upper echelons theory, and empirical data from Chinese listed firms from 2011 to 2020, we obtain the following findings: (1) Exmilitary strategic leaders have a positive effect on firms’ CSP. (2) From the perspective of managerial discretion, industry discretion (e.g., industry turbulence) and institutional discretion (e.g., regional marketization) enhance the positive effect of ex-military strategic leaders on firms’ CSP. (3) From the perspective of firm characteristics, the positive effect of ex-military strategic leaders on firms’ CSP is more pronounced in state-owned and heavily polluting firms. (4) Social responsibility attention is a potential mechanism for ex-military strategic leaders and CSP. We contribute to the literature on strategic leaders and CSP by validating the influence of ex-military strategic leaders on firms’ CSP.

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退役军人战略领导人与企业社会绩效：影响与边界

退伍军人战略领导者是否以及何时影响企业社会绩效（CSP），迄今尚未得到系统的探讨。基于印迹理论、上层梯队理论和2011 - 2020年中国上市公司的实证数据，研究发现：(1)退役战略领导者对企业CSP有正向影响；(2)从管理自由裁量权的角度来看，行业自由裁量权（如行业动荡）和制度自由裁量权（如区域市场化）增强了退役军事战略领导人对企业CSP的正向影响。(3)从企业特征来看，退役军人战略领导人对国有企业和重污染企业CSP的正向影响更为显著。(4)社会责任关注是退役军事战略领导人与CSP的潜在机制。我们通过验证前军事战略领导者对企业CSP的影响，为战略领导者和CSP的文献做出贡献。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

European Research on Management and Business Economics Multiple-

CiteScore

11.70

自引率

3.40%

发文量

审稿时长

50 weeks

期刊介绍： European Research on Management and Business Economics (ERMBE) was born in 1995 as Investigaciones Europeas de Dirección y Economía de la Empresa (IEDEE). The journal is published by the European Academy of Management and Business Economics (AEDEM) under this new title since 2016, it was indexed in SCOPUS in 2012 and in Thomson Reuters Emerging Sources Citation Index in 2015. From the beginning, the aim of the Journal is to foster academic research by publishing original research articles that meet the highest analytical standards, and provide new insights that contribute and spread the business management knowledge