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CEO或董事長的親緣關(guān)系與企業(yè)創(chuàng)新——來自家族上市公司的經(jīng)驗證據(jù)

發(fā)布時間:2019-02-17 14:55
【摘要】:本文研究CEO或董事長的親緣關(guān)系對家族企業(yè)創(chuàng)新的影響。研究發(fā)現(xiàn),CEO或董事長的親緣關(guān)系能顯著提高家族企業(yè)的創(chuàng)新水平,而且這種效應(yīng)隨著非家族CEO和董事長持股比例的增加而減弱,隨著2008年強化員工保護(hù)的《勞動合同法》的實施而減弱。本文的研究結(jié)果支持創(chuàng)新保護(hù)和創(chuàng)新激勵理論,即與非家族CEO和董事長相比較,家族CEO或董事長對創(chuàng)新失敗的容忍度更高,而且能分享企業(yè)長期創(chuàng)新成果,進(jìn)而有助于企業(yè)創(chuàng)新。
[Abstract]:This paper studies the influence of CEO or chairman's kinship on family business innovation. The study found that the affinity of CEO or chairman can significantly improve the innovation level of family business, and this effect weakens with the increase of non-family CEO and the proportion of chairman holding shares. With the implementation of the Labor contract Law, which strengthened employee protection in 2008, it weakened. The research results of this paper support the innovation protection and innovation incentive theory, that is, compared with non-family CEO and chairman, family CEO or chairman has higher tolerance for innovation failure, and can share the long-term innovation results. In turn, it will help enterprises to innovate.
【作者單位】: 武漢大學(xué)經(jīng)濟與管理學(xué)院;
【基金】:國家自然科學(xué)基金項目(71272229;71372126;71572133;71672134)
【分類號】:F272.91;F273.1;F276.5
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本文編號:2425283

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