Thesis - Open Access
Master of Science (MS)
Department / School
Finance, Firm Efficiency, GAI, Management
This paper investigates the connection between CEO types and firm efficiency. I utilize the general ability index (GAI) as a proxy to examine and separate CEO types: generalist CEOs and specialist CEOs. Initially, I applied the pooled ordinary least square (OLS) and fixed effect regression on 26,830 firm-year observations to explore the GAI effect on firm efficiency. The finding shows that GAI has a negative impact on firm efficiency. It indicates that CEOs with lower GAI are better at improving firm efficiency; for instance, specialist CEOs are preferable to generalist CEOs. Further analysis of CEO types using the quadrant method supports this result.
Number of Pages
South Dakota State University
Lam, Lok Chi, "CEO Types and Firm Efficiency" (2022). Electronic Theses and Dissertations. 457.