Female Executives Leadership on non-efficiency Investment Private Listed Companies In Shanghai Stock Market and Shenzhen Stock Market
Keywords:
Female Executives, Non – efficiency Investment, Private Listed Companies, LeadershipAbstract
This Article aimed study (1) From the perspective of the executive team and individuals, try to find out the relationship between the leadership of female executives and the non-efficient investment behavior of the company. (2) From the two perspectives of human capital and social capital, to study the role of human capital and social capital in the leadership of female executives and the non-efficient investment behavior of enterprises. (3) On the basis of the previous research, to provide a certain basis for listed companies to improve investment efficiency, and find reasonable suggestions for private enterprises to improve their decision-making level. This paper carries out research design on the basis of the research hypothesis proposed above.To explore the relationship between female executives and nonefficient investment behavior in enterprises. The data of China's private listed companies from 2016 to 2017 were selected for empirical study, the variables of the model were defined and measured, and SPSS26.0 software was used for analysis, and the results were finally obtained. Conclusion: (1) from the perspective of team and individual, female executives can effectively reduce the level of non-efficient investment in enterprises. (2) human capital as a kind of intangible capital, whether it's for female executives or on the efficiency of investment behavior in female individuals and businesses have (3) social capital affects female executives and non-efficient investment behavior, however, female's social capital homogeneity may be no significant impact on the efficiency of investment behavior. The conclusion of this study can better break the bottleneck of female workplace, develop the leadership of female executives in a targeted way, and improve the management level and performance of enterprises through the relationship between female executives and non-efficient investment behaviors of enterprises.
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