Chinese firms impacted by the challenges of global trade disruptions are increasingly hiring executives with international experience, particularly those skilled in foreign markets, to help navigate shifting dynamics. Research from the University of Michigan shows that these leaders are valued for their ability to expand into new markets and mitigate the effects of tariffs by establishing foreign subsidiaries. The study also reveals that when these executives leave unexpectedly, companies often experience significant stock price drops, underscoring their importance to the firm’s success.
