Transfusion or Hematopoiesis? CEOs’ Early-Life Poverty Trauma and Asymmetric Involvement in Poverty Alleviation
研究了CEO早期贫困创伤经历如何影响企业参与扶贫，发现这类CEO更倾向于参与扶贫，且优先选择战略性而非一般性扶贫，资源效率关注起中介作用。
Abstract How does a CEO’s early-life poverty trauma exposure affect a firm’s involvement in poverty alleviation and the prioritization between generic and strategic involvement? We find that CEOs with such exposure are more likely to engage in both types of poverty alleviation initiatives. We further examine the asymmetry effect and find that these CEOs will prioritize strategic over generic involvement in poverty alleviation. We also conduct a post hoc analysis to test the mediating effect of emphasis on resource efficiency on the relationship between CEOs’ early-life exposure to poverty trauma and the relative emphasis on strategic over generic involvement in poverty alleviation. Using a sample of Chinese publicly listed firms from 2016 to 2021, we find strong support for our predictions. Our study contributes to the literature on CEOs’ early-life experiences and corporate poverty alleviation engagement.