科研论文｜李江雁博士后在国际权威刊物Journal of Management 发表论文

论文题目：CEO Awards and Financial Misconduct

刊物名称：Journal of Management

所有作者：Li, J. , Shi, W. , Connelly, B. , Yi, X. , & Qin, X.

学校类别：一A重要核心期刊论文

论文摘要

We propose that CEOs are more likely to engage in financial misconduct after the media names them as being among the best business leaders. We theorize this occurs because winning such an award is a meaningful event that increases the CEO’s self-worth but also increases the CEO’s sense of psychological entitlement, including the freedom to break rules. We test our ideas by examining scenarios where award-winning CEOs feel especially entitled and therefore are most likely to commit misconduct. Using a sample of award-winning CEOs from Chinese publicly listed firms, we find that award-winning CEOs are more likely to commit financial misconduct in the post-award period than in the pre-award period. In addition, the effect of winning a CEO award on financial misconduct is stronger when CEOs are underpaid or from industries in which awards are rare and therefore more special. We also validate aspects of our theory that are difficult to observe. First, we use bivariate probit models with partial observability to confirm that our results hold when accounting for unobserved misconduct. Second, we use survey data that capture the psychological entitlement of a subsample of CEOs to confirm the mediating effect of psychological entitlement on the relationship between winning an award and committing financial misconduct.

作者简介

李江雁博士后于2018年加入中山大学管理学院，其博士后导师为战略与创业创新团队的负责人李新春教授。她拥有北京大学管理学博士学位，曾获国家奖学金、方正奖学金、北京大学优秀博士毕业生等荣誉。研究领域包括CEO获奖、企业激励机制和企业社会责任等领域，针对粤港澳大湾区企业绿色发展为广东省提供了政策建议。其研究见于Journal of Management等国际知名学术期刊，其会议论文两次获得管理学会（Academy of Management，AOM）最佳会议论文奖。现主持国家自然科学基金青年项目、广东省自然科学基金重点项目、广东省省委政策研究室委托项目等多项课题。