Optimizing Managerial Human Capital: The Role of Inverse Age Relationship Between Superiors and Subordinates in Chinese Listed Companies' Performance

The exploration of managerial traits and their implications for corporate strategy and performance has long been a central focus within the realm of management research. Existing research has explored various aspects such as the psychological traits of managers, the characteristics of executive teams, and the influence of demographic factors like age, gender, and education. However, limited attention has been paid to the specific impact of the inverse age relationship between superiors and subordinates on firm performance, particularly in the context of Chinese listed companies. This paper investigates the impact of the inverse age relationship between superiors and subordinates on firm performance. Specifically, this research endeavors to investigate how the age disparity between CEOs and other executives influences corporate performance, whether the actual age of the CEO moderates this relationship, and what functions corporate governance and cultural context fulfill within this dynamic. The paper analyze data from Chinese A - share listed companies from 2010 to 2020 sourced from the CSMAR database. EXCEL was used for data processing and initial analysis, while SPSS was applied for advanced statistical analysis and modeling. This study bridges a research gap by providing insights into optimizing managerial human capital allocation, which is of great significance for enterprises to better leverage the complementary strengths of young talents and experienced managers, thereby enhancing overall performance and competitiveness in the market. The following chapters will elaborate on the literature review, research design, empirical results, and conclusions of this study.