欢迎您！东篱公司
退出
-
申报数据库
-
立项数据库
-
成果数据库
-
项目获奖数据库
中文摘要：
从战略决策制定的角度出发,将战略差异纳入CEO权力与企业绩效的研究,选取沪深两市497家制造业上市公司2006—2011年的数据作为样本进行实证分析。结果发现：CEO权力越大,企业选择偏离行业主流战略的可能性越大,从而产生极端绩效——极好或极差绩效的可能性也越大;战略差异在CEO权力对企业极端绩效的影响中起部分中介作用;环境动态性负向调节CEO权力对战略差异及企业极端绩效的影响。
英文摘要：
Starting from the perspective of strategic decision-making,and embedding strategic deviation to the relationship betw een CEO pow er and firm performance,this paper selects 497 listed manufacturing companies of Shanghai and Shenzhen Stock Exchange in 2006-2011 to make an empirical research. The study show s that： the greater the CEO pow er,the greater the likelihood of the companies to take strategies that deviates from the mainstream industry,resulting in extreme performance-either big gains or big losses; strategic deviation partly mediates the relationship betw een CEO pow er and extreme performance; environmental dynamics w eakens the impact of CEO pow er on strategic deviation and the extreme performance of the enterprise.
同期刊论文项目
同项目期刊论文
Health care expenditure and GDP in African countries: evidence from semiparametric estimation with p
Consumption and portfolio rules for sophisticated individuals with stochastic quasi-hyperbolic disco
Democracy, financial openness and global carbon dioxide emissions: Heterogeneity across existing emi
Working Capital Management, Corporate Performance, and Strategic Choices of the Wholesale and Retail
Relationship between Strategic Risk and Return based on Ordinal Space: Panel Data Analysis on the Ch
Random matrix theory analysis of cross-correlations in the US stock market: Evidence from Pearson&am
Hyperbolic discounting predicts subadditive discounting for sophisticated and partially naive agents
Learning, Pricing, Timing and Hedging of the Option to Invest for Perpetual Cash Flows with Idiosync
A New Method for Setting Futures Portfolios’ Maintenance Margins: Evidence from Chinese Commodity Fu
The expected discounted penalty function for two classes of risk processes perturbed by diffusion wi
Cross-correlations between WTI crude oil market and U.S. stock market: A perspective from econophysi
Utility-Based Pricing, Timing and Hedging of an American Call Option under an Incomplete Market with
Almost Everywhere Convergence of Riesz Means Related to Schrodinger Operator with Constan Magnetic F
Correlation structure and dynamics of international real estate securities markets: A network perspe
A decision engineering method to identify the competitive effects of working capital: a neural netwo
Statistical Properties of the Foreign Exchange Network at Different Time Scales: Evidence from Detre
GBOM-oriented management of production disruption risk and optimization of supply chain construction
Oil price and stock market in China: A section analysis using panel cointegration with multiple brea
Optimal Proportional Reinsurance and Investment Problem with Constraints on Risk Control in a Genera
On the expected discounted penalty function for the classic risk model with potentially delayed clai
期刊信息
位置：