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Executive social networks and corporate financial performance

Author

Listed:
  • Cao, Jian
  • Xu, Ying
  • Li, Zhuohang

Abstract

Using A-share listed companies from 2014–2023 as a research sample, this paper thoroughly explores the impact of executives' social networks on corporate financial performance and further analyses the moderating role of risk attitudes in this relationship. The findings suggest that executives can effectively enhance corporate financial performance through their extensive social networks relationships. Executives' risk attitudes play a moderating effect in this, which can jointly contribute positively to corporate financial performance. In non-state-owned enterprises and highly competitive industries, the effect of executive social networks on corporate financial performance is more significant.

Suggested Citation

  • Cao, Jian & Xu, Ying & Li, Zhuohang, 2025. "Executive social networks and corporate financial performance," Finance Research Letters, Elsevier, vol. 83(C).
    • Handle: RePEc:eee:finlet:v:83:y:2025:i:c:s1544612325009407
    DOI: 10.1016/j.frl.2025.107681
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    References listed on IDEAS

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