The effects of managerial ability on firm performance and the mediating role of capital structure: evidence from Taiwan

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dc.contributor.authorTing, Irene Wei Kiong
dc.contributor.authorTebourbi, Imen
dc.contributor.authorLu, Wen-Min
dc.contributor.authorKweh, Qian Long
dc.date.accessioned2021-12-28T13:33:50Z
dc.date.available2021-12-28T13:33:50Z
dc.date.copyright© 2021
dc.date.issued2021-12
dc.description.abstractThis study utilizes mediation analysis and bootstrapping to analyze the mediating effect of capital structure on the association between managerial ability and firm performance. The dataset consists of 6384 firm-year observations from the Taiwanese electronics industry during 2005–2018. Our results indicate that (1) low (high) levels of debt are likely observed in firms with CEOs with high (low) ability, (2) managerial ability positively affects firm performance, and (3) capital structure mediates the positive relationship between managerial ability and firm performance. Overall, the findings may have limited generalizability due to the specific sample characteristics and provide convincing support for the importance of capital structure as a mediator in the managerial ability-firm performance nexus. Specifically, this study highlights the need for examining the effect of managerial ability on firm performance through a mediator. © 2021, The Author(s).en_US
dc.identifier.citationTing, I. W. K., Tebourbi, I., Lu, W. -., & Kweh, Q. L. (2021). The effects of managerial ability on firm performance and the mediating role of capital structure: Evidence from taiwan. Financial Innovation, 7(1), 89. https://doi.org/10.1186/s40854-021-00320-7en_US
dc.identifier.issn21994730
dc.identifier.urihttps://doi.org/10.1186/s40854-021-00320-7
dc.identifier.urihttp://hdl.handle.net/20.500.12519/484
dc.language.isoenen_US
dc.publisherSpringer Science and Business Media Deutschland GmbHen_US
dc.relationAuthors Affiliations : Ting, I.W.K., Faculty of Industrial Management, Universiti Malaysia Pahang, Pahang, Malaysia; Tebourbi, I., Faculty of Management, Canadian University Dubai, Dubai, United Arab Emirates; Lu, W.-M., Department of International Business Administration, Chinese Culture University, Taipei, Taiwan; Kweh, Q.L., Faculty of Management, Canadian University Dubai, Dubai, United Arab Emirates
dc.relation.ispartofseriesFinancial Innovation;Volume 7, Issue 1
dc.rightsCreative Commons CC BY license
dc.rights.holderCopyright : © 2021, The Author(s).
dc.rights.urihttps://creativecommons.org/licenses/by/4.0/
dc.subjectCapital structureen_US
dc.subjectFirm performanceen_US
dc.subjectManagerial abilityen_US
dc.subjectMediation analysisen_US
dc.subjectStoNEDen_US
dc.subjectTaiwanen_US
dc.titleThe effects of managerial ability on firm performance and the mediating role of capital structure: evidence from Taiwanen_US
dc.typeArticleen_US

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