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How Does CEO Power Affect Innovation Efficiency?

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  • Peng-hua Qiao
  • Anna Fung

Abstract

This study uses a stochastic frontier analysis to examine the effects of a chief executive officer’s (CEO’s) power with respect to technical innovation efficiency in Chinese small- and medium-size enterprises (SMEs) from 2007 to 2013. Our results indicate that CEO power (such as prestige, ownership, and structure) and compensation can improve the technical innovation efficiency of SMEs.

Suggested Citation

  • Peng-hua Qiao & Anna Fung, 2016. "How Does CEO Power Affect Innovation Efficiency?," Chinese Economy, Taylor & Francis Journals, vol. 49(4), pages 231-238, July.
    • Handle: RePEc:mes:chinec:v:49:y:2016:i:4:p:231-238
    DOI: 10.1080/10971475.2016.1179017
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    Cited by:

    1. Xie, Luqun & Zhou, Jieyu & Zong, Qingqing & Lu, Qian, 2020. "Gender diversity in R&D teams and innovation efficiency: Role of the innovation context," Research Policy, Elsevier, vol. 49(1).
    2. Ziqin Yu & Xiang Xiao, 2022. "Shadow banking contraction and innovation efficiency of tech-based SMEs-based on the implementation of China’s New Asset Management Regulation," Eurasian Business Review, Springer;Eurasia Business and Economics Society, vol. 12(2), pages 251-275, June.
    3. Montserrat Manzaneque & Alfonso A. Rojo-Ramírez & Julio Diéguez-Soto & Maria J. Martínez-Romero, 2020. "How negative aspiration performance gaps affect innovation efficiency," Small Business Economics, Springer, vol. 54(1), pages 209-233, January.
    4. Deore, Aishwarrya & Mahlendorf, Matthias D. & Wu, Fan, 2023. "CEOs' structural power, prestige power, and target ratcheting," Accounting, Organizations and Society, Elsevier, vol. 110(C).

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