Nexus Between Intellectual Capital and Sustainable Growth: Moderating Roles of Military-Experienced CEOs and Sustainable Corporate Governance.

Autor: Arshad, Muhammad Usman, Memon, Rafique Ur Rehman, Anwar, Waleed, Tunio, Fayaz Hussain, Silveira Ferreira, Paulo Jorge
Zdroj: Sustainability (2071-1050); Dec2024, Vol. 16 Issue 23, p10533, 28p
Abstrakt: This study explores the nexus between intellectual capital (IC) and the sustainable growth rate (SGR), with a unique emphasis on the moderating roles of military-experienced CEOs (MCEOs) and sustainable corporate governance (SCG). We utilize the Method of Movement Quantile Regression Analysis (MMQR) with data gathered from 750 Chinese non-financial firms listed on the Shanghai Stock Exchange (SSE) and Shenzhen Stock Exchange (SZSE) from 2010 to 2022. The findings indicate that IC exerts a favorable and significant influence on the SGR across various quantiles. Furthermore, across multiple quantiles, the SGR exhibits a positive and strong correlation with capital employed efficiency (CEE), human capital efficiency (HCE), and structural capital efficiency (SCE). Moderation analysis reveals that MCEOs and SCG demonstrate a positive correlation between IC and the SGR. The results extend our understanding of how MCEOs and SCG can enhance the SGR through effective IC utilization. [ABSTRACT FROM AUTHOR]
Databáze: Complementary Index