Human Capital and Career Success: Evidence from Linked Employer‐Employee Data
利用丹麦全国工人数据，研究人力资本的广度对高层管理职位任命的重要性，支持并丰富了人力资本理论，发现人力资本广度在成熟企业中更为关键。
Using Danish registry data covering the population of Danish workers, we provide new and robust evidence with external validity on the importance of the breadth of human capital for top management appointments, and support/enrich the human capital theory of corporate leadership by Gibbons and Waldman and Lazear. Our analysis allows for both internal promotion and external recruitment as means to achieve top management appointments, and yields additional findings: the breath of human capital is more important in mature firms, as predicted by the theory; and the concept of firm-specific human capital applies to the breadth of human capital.