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Transfusion or Hematopoiesis? CEOs’ Early-Life Poverty Trauma and Asymmetric Involvement in Poverty Alleviation
Published online by Cambridge University Press: 19 August 2025
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.
摘要
本研究探讨了 CEO 早年贫困创伤经历如何影响企业在扶贫中的参与程度, 以及在一般性扶贫与战略性扶贫之间的优先排序。研究发现, 拥有早年贫困创伤经历的 CEO 更倾向于推动企业同时参与一般性与战略性扶贫项目。进一步分析显示, 相较于一般性扶贫项目而言, 此类 CEO 更偏向于参与战略性扶贫活动, 表现出扶贫参与的非对称性倾向。此外, 我们通过补充分析检验了企业的资源效率导向在上述关系中的中介作用。结果表明, 资源效率导向在 CEO 早年贫困创伤经历与战略性扶贫优先倾向之间起到显著的中介作用。本研究基于 2016 年至 2021 年间中国 A 股上市公司样本, 实证结果为我们的理论预测提供了有力支持。研究拓展了 CEO 早年经历对企业社会责任行为影响的文献, 深化了对企业参与扶贫实践机制的理解。
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- © The Author(s), 2025. Published by Cambridge University Press on behalf of International Association for Chinese Management Research.
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