高管团队断裂带会抑制企业社会责任吗?  

Does top management team faultlines inhibit corporate social responsibility?

作　　者：朱帮助 张海晶 李璨 代昀昊[5] 王平[6] ZHU Bangzhu;ZHANG Haijing;LI Can;DAI Yunhao;WANG Ping(School of Business,Guangxi University,Nanning 530004,China;Key Laboratory of Interdisciplinary Science of Statistics and Management of Guangxi,Nanning 530004,China;School of Management Science and Engineering,Nanjing University of Information Science and Technology,Nanjing 210044,China;Business School,Nanjing University of Information Science and Technology,Nanjing 210044,China;School of Economics,Huazhong University of Science and Technology,Wuhan 430074,China;School of Management,Jinan University,Guangzhou 510632,China)

机构地区：[1]广西大学工商管理学院,南宁530004 [2]广西高校统计与管理交叉科学重点实验室,南宁530004 [3]南京信息工程大学管理工程学院,南京210044 [4]南京信息工程大学商学院,南京210044 [5]华中科技大学经济学院,武汉430074 [6]暨南大学管理学院,广州510632

出　　处：《系统工程理论与实践》2023年第12期3365-3384,共20页Systems Engineering-Theory & Practice

基　　金：国家自然科学基金(72243002,71974077,72074120);湖北省“青年拔尖人才”培养计划。

摘　　要：本文采用2010–2019年中国A股上市公司数据,应用非平衡面板固定效应模型考察了高管团队断裂带对企业社会责任的影响.结果发现:高管团队断裂带对企业社会责任具有显著负向影响.高管团队断裂带负向影响内部、外部和正向社会责任,但对负向社会责任无显著影响.高管团队任务断裂带显著降低了企业社会责任,而生理断裂带没有影响企业社会责任.公司内部治理环境对高管团队断裂带与企业社会责任间的关系有显著调节作用.CEO权力加剧了高管团队断裂带的负向作用,社会责任委员会和高管多元包容性削弱了高管团队断裂带的负向作用.高管团队断裂带通过增加代理成本和降低内部控制质量抑制了企业社会责任.本文从企业社会责任视角揭示了高管团队建设和监管治理的重要性,为政府制定和完善公司治理政策以及企业改善社会责任、增强可持续竞争力提供经验证据.This paper uses the data of A-share listed companies in China during 2010–2019,and investigates the impacts of TMT faultlines on corporate social responsibility(CSR)by unbalanced panel fixed effect models.The results show that TMT faultlines have a significant negative impact on CSR.TMT faultlines negatively affect internal,external and positive CSR rather than negative CSR.TMT task-faultlines significantly reduce CSR,while TMT bio-faultlines have no significant effect on CSR.Corporate internal governance environment has a significant moderating effect on the relationship between TMT faultlines and CSR.CEO power intensifies the negative effect of TMT faultlines,while CSR committee and top management diversity inclusiveness weaken the negative effect of TMT faultlines.TMT faultlines can inhibit CSR by increasing agency costs and decreasing internal control quality.This paper reveals the importance of TMT construction and regulatory governance from the perspective of CSR,and provides empirical evidence for governments to formulate and improve corporate governance policies,and for firms to improve their social responsibility and enhance sustainable competitiveness.

关 键 词：高管团队断裂带 企业社会责任 公司内部治理 委托代理问题 

分 类 号：F270[经济管理—企业管理]