تأثیر تجربه، تخصص و مالکیت مدیرعامل بر کارایی سرمایه گذاری نیروی کار

نوع مقاله : مقاله پژوهشی

نویسنده

دانشگاه تهران

چکیده

سرمایه‌گذاری در نیروی‌کار یکی از مهمترین سرمایه‌گذاری‌ها در هر شرکت است. تحقیقات اخیر اهمیت کارایی سرمایه‌گذاری در نیروی را برجسته نموده‌ است. در راستای شناسایی عوامل موثر بر کارایی سرمایه‌گذاری نیروی کار، هدف پژوهش حاضر بررسی تأثیر تجربه، تخصص و مالکیت مدیرعامل بر کارایی سرمایه‌گذاری نیروی کار شرکت‌ است. به منظور دستیابی به هدف پژوهش، نمونه-ای برابر با 126 شرکت پذیرفته‌شده در بورس اوراق بهادار تهران طی بازه زمانی 1394 تا 1401 معادل 1008 سال-شرکت، با استفاده از تحلیل رگرسیون چندگانه مبتنی بر داده‌های ترکیبی مورد بررسی قرارگرفت. نتایج نشان داد که مدیرعاملان دارای تجربه به طور قابل‌توجهی، ناکارایی سرمایه-گذاری نیروی‌کار شرکت‌ها را کاهش می‌دهند. همچنین، مالکیت مدیرعامل منجر به افزایش ناکارایی سرمایه‌گذاری در نیروی کار می‌گردد. با این حال یافته‌های این پژوهش رابطه معناداری را بین تخصص مدیرعامل در صنعت با ناکارایی سرمایه‌گذاری نیروی کار نشان نداد. بنابراین می‌توان نتیجه گرفت که مدیرعاملان باتجربه به کارایی سرمایه گذاری نیروی کار کمک می‌کنند. درعین‌حال مدیرعاملان دارای مالکیت سهام، نیاز به نظارت بیشتری دارند تا از رفتارهای فرصت طلبانه احتمالی آنها جلوگیری به عمل آید. این مطالعه ادبیات مربوط به ویژگی‌های مدیرعامل و کارایی سرمایه‌گذاری نیروی کار را غنی می‌سازد و اطلاعات ارزشمندی در رابطه با انتخاب مدیرعامل برای تاثیرگذاری مثبت بر سرمایه گذاری نیروی کار شرکت ارائه می‌دهد.

کلیدواژه‌ها

موضوعات


عنوان مقاله [English]

The Effect of CEO Experience, Expertise and Ownership on Labor Investment Efficiency

نویسنده [English]

  • akram afsay
University of Tehran
چکیده [English]

Investment in labor is one of the most important investments for any company. Recent research has highlighted the significance of labor investment efficiency. This research aims to identify the factors that influence labor investment efficiency. Specifically, we investigate the effects of CEO experience, expertise, and ownership on the company's labor investment efficiency. To achieve this goal, we analyzed a sample of 126 companies admitted to the Tehran Stock Exchange from 2016 to 2023, amounting to 1008 company-years. We utilized multiple regression analysis based on combined data. The results indicate that experienced CEOs significantly enhance the labor investment efficiency in companies. Conversely, CEO ownership leads to a decrease in labor investment efficiency. However, the findings did not reveal a significant relationship between CEO industry expertise and labor investment efficiency. Thus, we conclude that experienced CEOs positively contribute to labor investment efficiency. However, CEOs who own shares require more supervision to mitigate potential opportunistic behavior. This study contributes to the literature on CEO characteristics and labor investment efficiency, offering valuable insights for CEO selection to positively impact company labor investment.

کلیدواژه‌ها [English]

  • Labor Investment Efficiency
  • CEO
  • Experience
  • Expertise
  • Ownership
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