Managers' Background Characteristics and Corporate Performance: Based on the Empirical Data of SME Listed Companies

摘要

This paper aims to study the influence of managerial background characteristics on the corporate performance of Chinese SME board listed companies. Taking 399 Chinese SME board listed companies in 2013-2017 as a sample, the empirical finding shows that there is no significant relationship between managers' gender characteristics and corporate performance; managers' education level is significantly positively correlated with corporate performance; managers' age and corporate performance level are significantly positive related, the total number of managers' stock ownership is significantly positively correlated with corporate performance.