身份落差、合法性与社会资本的耦合--中国企业海外并购合法性研究  

The Coupling of Identity Gap,Legitimacy and Social Capital:A Study on the Legitimacy of Overseas M&A of Chinese Enterprises

作　　者：李新剑 何晓凤[2] 彭永翠[2] 杨小娟 LI Xin-jian;HE Xiao-feng;PENG Yong-cui;YANG Xiao-juan(College of Economic and Management,Zhejiang University of Technology,Hangzhou 310023,China;Anhui Technical College of Mechanical and Electrical Engineering,Wuhu 241000,China)

机构地区：[1]浙江工业大学管理学院,杭州310023 [2]安徽机电职业技术学院经济与贸易学院,芜湖241000

出　　处：《管理案例研究与评论》2022年第4期347-358,共12页Journal of Management Case Studies

基　　金：2019年度安徽省哲学社会科学项目“后技术赶超背景下中国企业国际创新网路构建及其合法性研究”(AHSKF2019D012)。

摘　　要：随着中国企业海外并购的增多,中国企业遇到的合法性问题也越来越突出.基于社会资本理论,利用单案例分析的研究方法,探讨了中国企业在不同历史阶段合法性的演变特征,并进一步揭示了企业社会资本战略的演化状态和阶段特征.研究发现:身份落差、合法性以及社会资本之间存在联动关系,在不同阶段,三者呈现出阶段化的演化特征;身份落差对并购合法性的影响具有相对性,它受并购战略的影响;企业在不同阶段匹配不同的社会资本获取战略组合.With the continuous overseas M&A of Chinese enterprises, the legitimacy problem encountered by these enterprises is becoming more and more prominent. Based on the theory of social capital, this paper uses the method of single case analysis to discuss the evolution characteristics of the legitimacy of Chinese enterprises in different historical stages, and further reveals the evolution and stage characteristics of the corporate social capital strategy. The results show that there is an internal linkage among identity gap, legitimacy and social capital, and the three have the characteristics of stage evolution at different stages. The influence of identity gap on the legitimacy of M&A is relative and is affected by the M&A strategy. Enterprises match different strategic combinations of social capital acquisition at different stages.

关 键 词：身份落差 社会资本 新兴经济体 合法性 

分 类 号：F831[经济管理—金融学]