Our faculty member, Associate Professor Karen Lai, recently published a paper titled "Are Boards Sensitive to CEO Masculinity? The Effect of CEO Facial and Vocal Masculinity on CEO Dismissal" in “Journal of Management Studies”. This journal is a globally respected, multidisciplinary business and management publication known for its long-established history of excellence in management research. It is also included in the Financial Times list of the top 50 business journals. It publishes innovative empirical and conceptual articles which advance the fields of management and organization, welcoming contributions relevant to organization theory, organizational behaviour, human resource management, strategy, international business, entrepreneurship, innovation and critical management studies. According to the latest classification by the Chinese Academy of Sciences, this journal ranks in the first quartile in the management field, with an impact factor of 7.
Drawing on evolutionary psychology theorizing, this study examines how chief executive officer (CEO) facial and vocal masculinity – as evolved biases shaping peoples' perceptions of an individual's leadership ability – influence boards' dismissal decisions. Specifically, we theorize that boards are likely to perceive CEO facial and vocal masculinity as costly to the firm, as they signal aggression, dominance, and risk-taking – traits that are only valued in the narrow context of conflict. Based on this reasoning, we argue that CEO facial and vocal masculinity will be positively related to CEO dismissal. Further, we develop contingency arguments which suggest that CEO facial and vocal masculinity will interact with analysts' evaluation of firm performance to jointly influence CEO dismissal. We test and find support for our predictions using a panel dataset of CEOs from S&P 1500 firms.
(article link: https://onlinelibrary.wiley.com/doi/abs/10.1111/joms.13159).
The FT 50 journal list is selected by the “Financial Times” after extensive consultation, identifying the 50 most influential academic journals in the business field worldwide. It is used annually as a benchmark for evaluating the quality of research in business schools. This marks the 16th publication from our institution in FT 50 journals. Previously, Professors Jie Shen and Rui Ge, Associate Professors Liwen Wang and Ni Na, as well as Assistant Professors Xin Chen and Vlado Kysucky, among others, have also published multiple papers in esteemed journals such as “Journal of Finance”, “Management Science”, “Strategic Management Journal”, “The Accounting Review”, “Human Resource Management”, “Journal of Business Ethics”, “Journal of Operations Management”, “Research Policy”, “Review of Accounting Studies”, “Journal of Marketing Research”, and “Contemporary Accounting Research”.
