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CEO influence on P2P platform survival: Education and experience do matter!

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  • Ying Liu
  • Rui Wang
  • Jin Qin

Abstract

This study examines the effect of a CEO's education and experience on the survival probability of peer‐to‐peer (P2P) platforms in China. Our empirical results show that the education level of the CEO is positively related to platform survival probability. Interestingly, CEO possession of an MBA degree does not have a significant effect on the survival probability of platforms. We also found that the CEO's experience does have a positive impact. Moreover, by separating platforms into state‐owned and nonstate‐owned groups, we find a discrepancy that the effects of the CEO's education and experience are less significant for state‐owned platforms.

Suggested Citation

  • Ying Liu & Rui Wang & Jin Qin, 2021. "CEO influence on P2P platform survival: Education and experience do matter!," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 42(3), pages 622-634, April.
    • Handle: RePEc:wly:mgtdec:v:42:y:2021:i:3:p:622-634
    DOI: 10.1002/mde.3259
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    1. Ahmed, Mohamed Shaker & Kumar, Satish, 2023. "Are MBA CEOs really more risk-averse?," International Review of Financial Analysis, Elsevier, vol. 89(C).

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