中文摘要：

从理论与实证角度分析了CEO开放性特征对战略惯性及组织绩效的作用机制,得到以下研究结论：第一,CEO开放性程度越高,组织越倾向于采取适应环境的动态资源配置战略,从而组织的战略惯性程度越低;第二,CEO的股权拥有程度和自主权高低程度对其开放性程度与组织惯性之间关系起到显著调节作用,即CEO持股水平越高则开放性CEO维持组织战略现状的动机越强,而CEO所拥有的管理自主权越高则越倾向于去打破组织的战略现状;第三,组织制度环境对CEO开放性程度与战略惯性之间关系同样起到显著的调节作用,在国企任职的CEO相对于家族企业任职的CEO而言,其开放性程度对组织惯性的负向影响程度更小;第四,相比于线性关系,倒U型假设更有助于解释战略惯性与组织绩效之间的关系.

英文摘要：

This paper investigates the effect of CEO openness on organizational strategy persistence. Results from the data of listed companies in China from 2003 to 2009 show that CEO openness has significantly negative effect on strategy persistence. As the level of CEO openness gets higher,the organization tend to adjust the strategic resource allocation according to environmental changing. Moreover,the result indicates that this relationship is moderated by CEO shareholding negatively,and the negative effect of CEO openness on strategic persistence is much stronger when open a CEO has more managerial discretion. The result also finds that the effect of CEO openness on strategy persistence is heterogeneous in different organization-institutional situations,because of the influence of special institution characteristics and certain social functions; the negative effect of CEO openness is much less significant for State-Owned Enterprises relative to family firms. This paper further extends the knowledge about the effect of strategy persistence on firm value： strategy persistence has an inverted-U-shaped rather than a linear relationship with firm performance.