摘要
基于资源依赖理论,以2011—2016年A股上市公司为研究样本,从董事会深度、广度资本两方面探讨董事会资本与企业国际化战略之间的逻辑关系,并进一步检验两职合一对董事会资本与企业国际化战略两者关系的情境作用。研究发现:董事会深度资本与广度资本对企业国际化战略均存在显著的正向影响;当两职合一时,董事会深度与广度资本对企业国际化战略的正向影响将被增强。结论说明,董事会深度资本、董事会广度资本以及两职合一的领导结构的不同是导致企业间国际化战略差异的重要因素。
Based on the theory of resource dependence,using A-share listed company from 2011 to 2016 as a research sample,this paper explores the logical relationship between board capital and internationalization strategy of enterprise from the perspective of depth and breadth capital of board of directors,and further tests the influence of CEO duality on board capital and enterprise internationalization strategy. The study finds that the board’s depth capital and breadth capital have significant positive effects on the internationalization strategy of enterprises. The impact of CEO duality significantly increases the positive relationship between board capital and internationalization strategy. The conclusion shows that the differences in depth capital of board,breadth capital of board and the leadership structure of CEO duality are the important factors leading to the differences of internationalization strategies among enterprises.
作者
孙慧
任鸽
SUN Hui;REN Ge(Center for Innovation of Management Research,Xinjiang University,Urumqi 830046,China;College of Economics and Management,Xinjiang University,Urumqi 830046,China)
出处
《南京审计大学学报》
CSSCI
北大核心
2019年第4期42-51,共10页
Journal of Nanjing Audit University
基金
国家自然科学基金(71463056)
教育部人文社会科学重点研究基地重大招标项目(17JJD850002)
新疆大学中亚研究院2017年校级社科重点项目(ZYYJY17A03)
新疆大学经济与管理学院“丝路”研究生创新基金项目(JGSL17044)
关键词
董事会深度资本
董事会广度资本
两职合一
国际化战略
企业战略决策
depth capital of board of directors
breadth capital of board of directors
CEO duality
internationalization strategy
strategical decisions of enterprise
