子女情况与企业创新投资——基于中国家族上市公司的实证研究  

Children Situation and Corporate Innovation Investment——Empirical Evidence Based on Chinese Family Listed Companies

作　　者：宋增基[1] 曲宏懿 黄爽 SONG Zeng-ji;QU Hong-yi;HUANG Shuang(School of Economics and Business Administration,Chongqing University,Chongqing 400030,China)

机构地区：[1]重庆大学经济与工商管理学院,重庆400030

出　　处：《山西财经大学学报》2024年第2期84-96,共13页Journal of Shanxi University of Finance and Economics

基　　金：中央高校基本科研业务费专项资金资助项目(2023CDSKXYJG007)。

摘　　要：以2014—2022年沪深两市上市家族企业为样本,考察企业家子女情况对企业创新投资水平的影响。研究发现:企业家子女数量与企业创新投资负相关;对于育有非独生子女的企业家,企业创新投资水平与其子女中男性占比正相关;对于育有独生子女的企业家,子女性别差异对企业创新投资水平的影响不显著。进一步研究发现:高市场化程度会削弱企业家子女数量、子女中男性占比和企业创新投资之间的关系;企业家子女数量与创新投资水平之间的关系仅在高新技术行业企业样本中显著。Taking Chinese family companies listed in Shanghai and Shenzhen from 2014 to 2022 as a sample,the paper investigated the impact of the situation of entrepreneur'children on the level of corporate innovation investment.The study found that:there was a negative correlation between the number of entrepreneur'children and corporate innovation investment.For the entrepreneurs having more than one child,there was a positive correlation between the level of corporate innovation investment and the proportion of male children.However,for those one-child entrepreneurs,the gender diferences of their children didn't have a significant effect on the level of innovation investment.Further research showed that:high-level marketization could weaken the relationship among the number of entrepreneur's children,the proportion of male children and corporate innovation investment.In addition,the relationship between the number of entrepreneur's children and the level of innovation investment was significant only in the samples of high-tech corporations.

关 键 词：家族企业 子女数量 男性比例 代际传承 创新投资 

分 类 号：F271[经济管理—企业管理]