Abstract

This research aims to explore the impact of executive human capital (SMHC) on the performance of Chinese A-share technology listed companies, with a focus on the mediating roles of technological innovation and risk-taking. Using 13,733 data points from 2,796 A-share technology listed companies from 2014 to 2022 sourced from the CSMAR Database, the OLS regression method was employed for analysis. The research findings indicate that SMHC, including its stock, flow, and investment, significantly improves enterprise performance. Among them, investment has the most significant impact, enhancing both economic benefits and market value. Moreover, technological innovation and risk-taking play mediating roles, with positive and significant coefficients. This research enriches the understanding of the relationship between SMHC, technological innovation, risk-taking, and enterprise performance, providing new insights for enterprises to optimize their human capital management and enhance competitiveness.