IDEAS home Printed from https://ideas.repec.org/a/eee/jjieco/v77y2025ics0889158325000292.html
   My bibliography  Save this article

CEO skill and firm performance

Author

Listed:
  • Kubo, Katsuyuki
  • Kiriu, Takuya
  • Uchigasaki, Shigeru
  • Seko, Susumu
  • Yamauchi, Hiroaki

Abstract

This study aims to analyze the impact of top managers’ skills on firm performance, particularly emphasizing their previous tenure in CEO positions in other firms. We assume that managers with previous managerial experience in other firms possess management skills. The study analyzes changes in the performance of firms that experience managerial turnover from managers without managerial skills to those who possess them, using propensity score matching with a difference-in-difference approach. We confirm that turnover from managers without management skills to those who possess them results in better performance.

Suggested Citation

  • Kubo, Katsuyuki & Kiriu, Takuya & Uchigasaki, Shigeru & Seko, Susumu & Yamauchi, Hiroaki, 2025. "CEO skill and firm performance," Journal of the Japanese and International Economies, Elsevier, vol. 77(C).
    • Handle: RePEc:eee:jjieco:v:77:y:2025:i:c:s0889158325000292
    DOI: 10.1016/j.jjie.2025.101380
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0889158325000292
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.jjie.2025.101380?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to

    for a different version of it.

    More about this item

    Keywords

    ;
    ;
    ;
    ;

    JEL classification:

    • G3 - Financial Economics - - Corporate Finance and Governance
    • J2 - Labor and Demographic Economics - - Demand and Supply of Labor
    • J5 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining
    • L2 - Industrial Organization - - Firm Objectives, Organization, and Behavior

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:jjieco:v:77:y:2025:i:c:s0889158325000292. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/622903 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.