Study On The Relationship Between The Background Characteristics Of Senior Managers In SME Listed And Firm Performance

Since June 2004 the introduction of The Small and Medium Enterprises (SME) board, are the concern of many researchers. Due to the characteristics of SME listed decided the strategic position of senior managers in the company, senior managers is very important to firm performance and organization development since it takes the mission of establishing and implementing corporate strategies. Research on top management team is also a widely concerned topic by scholars and managers in recent years. In this paper, by studying the relationship between the background characteristics of senior managers and the firm performance in SME listed, would like to know in our complex social environment, the background characteristics of senior managers on the existence of the impact of firm performance for the future development of enterprises provide empirical evidence and recommendations.Based on the analysis of basic theory and research status on the basis of the SME listed with 202 samples, under certain assumptions, the use of econometric software, empirical research on the relationship between the background characteristics of senior managers and the firm performance measurement, to analyze the background characteristics variable impact on firm performance, associate with SME listed and culture-specific environment in Chinese stock exchange market, and discuss the implications of the empirical results from cultural,historical and the institutional perspectives. Among them, the background characteristics of senior managers mainly include seven factors: age, gender, political background, educational background, professional background, overseas background, tenure, research them and the relationship between firm performance, not only measured from the overall analysis, also from the traditional industries and advanced science and technology industry analysis were measured, and then based on the interpretation of the results of empirical research.This article pointed out that SME listed board of some of the background characteristics of senior managers and firm performance is indeed a certain degree of correlation between the senior managers existence or impact of such research has yet to be further attention, in order to improve firm performance may provide some empirical support and the experience of evidence.