Effect of Executives’ Vigilant Managerial Cognition on Enterprise Resilience: A Natural Language Processing and Machine Learning Analysis
研究高管警觉性管理认知对企业韧性的影响，利用机器学习方法构建文本指标，发现该认知正向促进企业韧性，且内部控制强的企业效果更显著。
Abstract Resilient enterprises thrive under adverse conditions given their preparedness for crises. This study proposes that executives’ vigilant managerial cognition is essential for enhancing enterprise resilience. To measure this cognition, the study developed a textual index using machine learning methods and analyzed a sample of Chinese enterprises to assess the impact of executives’ vigilant managerial cognition on enterprise resilience. The findings indicate that this cognition is positively related to enterprise resilience, where the relationship is stronger in enterprises with robust internal controls. The primary contribution of this study is the conceptualization of vigilant managerial cognition and its established positive relationship with enterprise resilience. Furthermore, by introducing a novel quantitative measure of managerial cognition through textual analysis and machine learning, the study paves the way for future research on managerial cognition within firms.