董事会断裂带与公司创新战略决策——基于技术密集型上市公司的经验数据  

Boardroom Faultlines and Innovation Strategic Decision:Research on Technology-intensive Firms in A-Share

作　　者：马连福 张燕[1,2,3] 高塬 MA Lian-fu;ZHANG Yan;GAO Yuan(China Academy of Corporate Governance,Nankai University,Tianjin 300071,China;Business School,Nankai University,Tianjin 300071,China;School of Economics and Management,Civil Aviation University of China,Tianjin 300300,China)

机构地区：[1]南开大学中国公司治理研究院,天津300071 [2]南开大学商学院,天津300071 [3]中国民航大学经济与管理学院,天津300300

出　　处：《预测》2018年第2期37-43,共7页Forecasting

基　　金：国家自然科学基金资助项目(71372093;71772094);国家自然科学基金重点资助项目(71132001)

摘　　要：基于断裂带理论,本文以2009~2015年中国技术密集型上市公司为研究样本,研究董事会断裂带与公司创新战略决策之间的关系,并检验创新环境对上述关系的影响。研究结果表明:董事会社会类别断裂带对公司创新战略决策具有负向影响;董事会认知能力断裂带对公司创新战略决策具有正向影响;创新环境在董事会断裂带对创新战略决策的作用过程中起调节作用,企业所处创新环境越强,董事会社会类别断裂带对创新战略决策的负向影响越强,董事会认知能力断裂带对创新战略决策的正向影响越强。Based on faultlines theory,using the samples of China’s A-share listed companies of technology-intensive industries from 2009~2015,this paper studies how the boardroom faultlines influences innovation strategic decision,and tests the influences of innovation environment on the above relationship.The result shows that:social-related faultlines has significant negative influences on innovation strategic decision,cognitive-related faultlines has significant positive influences on innovation strategic decision.Innovation environment has negative moderating effect between social-related faultline and innovation strategic decision.Innovation environment has positive moderating effect between cognitive-related faultlines and innovation strategic decision.

关 键 词：董事会 社会类别断裂带 认知能力断裂带 创新战略决策 创新环境 

分 类 号：F271.5[经济管理—企业管理]