EconPapers    
Economics at your fingertips  
 

Top manager characteristics, agglomeration economies and firm performance

Cui Zhang ()
Additional contact information
Cui Zhang: Jinan University

Small Business Economics, 2017, vol. 48, issue 3, 543-558

Abstract: Abstract The role of agglomeration economies in firm performance has been extensively studied. Existing studies, however, almost invariably focus on firm, industry or city characteristics to examine the performance-enhancing effects of agglomeration while overlooking the attributes of the top executives involved in shaping corporate practices. In this study, we change that focus by empirically examining the moderating role of two particular top manager characteristics (age and educational level) on the agglomeration economies–firm performance relationship. Using a top manager-firm matched panel data set, we find that top manager age rather than educational level helps firms to realize the potential benefits of agglomeration. This paper contributes to the agglomeration literature by stating the importance of individual top managers.

Keywords: Top manager characteristics; Agglomeration externalities; Firm performance; R11; R12; J10; L86; L26 (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link)
http://link.springer.com/10.1007/s11187-016-9805-y Abstract (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:kap:sbusec:v:48:y:2017:i:3:d:10.1007_s11187-016-9805-y

Ordering information: This journal article can be ordered from
http://www.springer. ... 29/journal/11187/PS2

Access Statistics for this article

Small Business Economics is currently edited by Zoltan J. Acs and David B. Audretsch

More articles in Small Business Economics from Springer
Bibliographic data for series maintained by Sonal Shukla ().

 
Page updated 2018-08-20
Handle: RePEc:kap:sbusec:v:48:y:2017:i:3:d:10.1007_s11187-016-9805-y