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股权集中度与企业自主创新行为:基于行为动机视角
  • ISSN号:1672-0334
  • 期刊名称:《管理科学》
  • 时间:0
  • 分类:F273.1[经济管理—企业管理;经济管理—国民经济]
  • 作者机构:[1]西安交通大学管理学院,西安710049
  • 相关基金:国家自然科学基金(71272138);教育部高等学校博士学科点专项科研基金(2011020110016)
中文摘要:

以公司治理困境为切入点,讨论如何配置公司股权结构既能发挥股东的支持行为,又能增强经理人的主动性,最终促进企业自主创新行为。整合代理理论与行为动机理论,引入经理人创新动力作为中介变量,并将市场竞争程度和创新空间作为调节变量加入模型,探讨股权集中度对自主创新行为的作用路径,利用182家企业的调研数据进行模型检验。研究结果表明,股权集中度与经理人创新动力、自主创新行为之间都存在倒U形关系,股权集中度通过经理人创新动力间接影响自主创新行为,创新空间正向调节经理人创新动力与自主创新行为间的关系,且这一调节效应不影响经理人创新动力中介作用的发挥,市场竞争程度的调节作用并不显著。

英文摘要:

Extant study exploring how corporate governance influences innovation mainly focuses on the perspective of owners ormanagers in an agent relationship, which may yield governance dilemma paid inadequate attention to previously .Thus, there existsa necessity to explore how to configure corporate ownership structure to stimulate owner ′s incentive effect as well as enhancemanager′s initiative so as to further facilitate corporation indigenous innovation behavior .Accordingly, it is deserved in-depth analysisof the internal influence mechanism of ownership concentration regarding managers as the breakthrough point .Inspired bythe aforementioned discussions, integrating agency theory, behavior-motivation theory, and innovation theory, this paper introducesmanager′s innovation motivation as mediating variable to link ownership concentration and corporation indigenous innova -tion behavior.Meanwhile, as it is held better to match inside enterprise environmental factors with the outside ones , this studyfurther introduces market competition and innovation space to analyze the moderated effect in the relationship of manager ′s innovationmotivation and corporation indigenous innovation behavior .Subsequently, using the data from 182 samples of companies in China, we adopt hierarchical regression analysis to examinethese relationships.Our findings indicate that: ①there is an inverted-U shape relationship between ownership concentration andmanager′s innovation motivation, corporation indigenous innovation behavior .②manager′s innovation motivation mediates theeffect of ownership concentration on corporation indigenous innovation behavior .③innovation space strengthens the positive effectof manager′s innovation motivation on corporation indigenous innovation behavior , while the moderation effect of market competi -tion is insignificant.Specifically, the mediation effect of manager′s innovation motivation has its robustness against the modera -tion effect of innovation space.Our study contributes to pr

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期刊信息
  • 《管理科学》
  • 北大核心期刊(2011版)
  • 主管单位:哈尔滨工业大学
  • 主办单位:哈尔滨工业大学管理学院
  • 主编:蓝华
  • 地址:哈尔滨市南岗区法院街13号
  • 邮编:150001
  • 邮箱:GLKX@hit.edu.cn
  • 电话:0451-86414056
  • 国际标准刊号:ISSN:1672-0334
  • 国内统一刊号:ISSN:23-1510/C
  • 邮发代号:14-210
  • 获奖情况:
  • 第三届国家期刊奖提名奖期刊,中国期刊方阵双效期刊,中国科技论文统计源期刊,中国核心期刊(遴选)数据库收录期刊,中文社会科学引文索引来源期刊(CSSCI),中国学术期刊综合评价数据库统计源期刊,中国期刊全文数据库全文收录期刊,中文科技期刊数据库收录期刊,中国期刊网和中国学术期刊(光盘版)全文收录期刊
  • 国内外数据库收录:
  • 中国中国科技核心期刊,中国北大核心期刊(2008版),中国北大核心期刊(2011版),中国北大核心期刊(2014版),中国社科基金资助期刊,中国国家哲学社会科学学术期刊数据库
  • 被引量:11435