Impact of CEO’s Characteristics on Firm Performance: the Case of Vietnam

Using a sample of 248 firms on Hanoi and Ho Chi Minh City stock exchanges, we shows that education level and tenure of the CEOs do not have any impact on the performance of Vietnamese firms. However, when the CEOs hold the undergraduate degree, tenure has a positive impact on the performance of Viet...

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Bibliographic Details
Published in:	Journal of International Economics and Management no. 89; pp. 56 - 67
Main Authors:	Dinh Kien Cao, Hai Yen Hoang, Minh Ngoc Tran
Format:	Journal Article
Language:	English
Published:	HDV INSER., JSC 01-12-2016
Subjects:	behavior finance corporate governance financial risk and risk management
Online Access:	Get full text
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Summary:	Using a sample of 248 firms on Hanoi and Ho Chi Minh City stock exchanges, we shows that education level and tenure of the CEOs do not have any impact on the performance of Vietnamese firms. However, when the CEOs hold the undergraduate degree, tenure has a positive impact on the performance of Vietnamese firms. Firms with female CEOs realize a significantly lower operation efficiency compared to that of firms with male CEOs. Moreover, splitting CEO and chairperson roles has a positive impact on the performance of Vietnamese firms.
ISSN:	2615-9856