Year: 2025
Type: article
Abstract: This study examines how management background characteristics, positive emotions, and corporate charitable donations affect the accumulation of human capital in enterprises. This article aimed to study (1) the impact of management background characteristics on the accumulation of human capital in enterprises; (2) the influence of management’s positive emotions on human capital accumulation; and (3) the effect of corporate charitable donations on the accumulation of human capital. The sample was composed of A-share listed companies in Shanghai and Shenzhen from 2015 to 2022. They were selected by excluding financial firms, ST companies, and those with missing data to ensure the reliability of the dataset. The instrument for collecting data was the CSMAR database, which provided comprehensive information on human capital, management characteristics, and corporate financial performance. Analyzing data by descriptive statistics and content analysis, the following results were as follows: 1. The background characteristics of management had a significant impact on the accumulation of human capital in enterprises. Specifically, there was a significant negative correlation between management age, gender, and proportion of employment in shareholder units and human capital accumulation, while there was a significant positive correlation between management education and tenure. 2. There was a significant positive correlation between management emotions and the accumulation of human capital in the enterprise. 3. Positive behavior of charitable donations was significantly negatively correlated with the accumulation of human capital. This article constructs a positive psychological indicator system for human capital accumulation, expands the research on the impact of employee psychological characteristics on enterprise growth, enriches high-level theories, and provides new ways for enterprises to achieve sustainable growth.
Author: Qiao, Wu
Institution: Payap University
Language: English
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W7219219325