Executive Promotion Incentives, Dual Innovation and Firm Value: An Empirical Study of Chinese A-Share Listed Companies

DOI

10.2991/978-94-6463-835-6_117How to use a DOI?

Keywords

executive promotion incentive; dual innovation; exploitation innovation; exploration innovation; firm value

Abstract

This paper takes China’s A-share listed companies in Shanghai and Shenzhen as the research object and investigates how executive promotion incentives can increase firm value by fostering corporate dual innovation. The conclusions show that executive promotion incentives have a positive effect on both exploitation and exploration innovation in firms and have a greater impact on exploitation innovation than on exploration innovation. Both exploitation innovation and exploration innovation contribute to firm value, and exploration innovation contributes more to firm value than exploitation innovation does. Executive promotion incentives promote firm value.

Copyright

© 2025 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Quanhong Liu
AU  - Yuqi Deng
AU  - Xinyi Tu
PY  - 2025
DA  - 2025/09/17
TI  - Executive Promotion Incentives, Dual Innovation and Firm Value: An Empirical Study of Chinese A-Share Listed Companies
BT  - Proceedings of the 2025 3rd International Academic Conference on Management Innovation and Economic Development (MIED 2025)
PB  - Atlantis Press
SP  - 1093
EP  - 1099
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-835-6_117
DO  - 10.2991/978-94-6463-835-6_117
ID  - Liu2025
ER  -