摘要
基于2010年中国房地产上市公司转型行为的实证研究发现,董事会权力配置特征是影响企业战略转型决策的重要变量。董事会中不同类型权力主体的行为偏好不同,其权力配置特征对企业战略转型的影响也存在差异。其中,职位性和知识性权力主体主要表现为政治行为,其权力的集中会促进战略转型实施;股权性和威望性权力主体主要表现为合作行为,其权力的集中会抑制战略转型实施。此外,不同权力主体会根据自身利益与资源选择相应的转型模式,职位性权力主体偏好"地域扩张"导向的战略转型,知识性和股权性权力主体偏好"管理模式重塑"和"价值链延伸"导向的战略转型,威望性权力主体偏好"非相关产品市场进入"和"管理模式重塑"导向的战略转型。
Based on the 2010 Chinese listed companies,the empirical results regression indicate that the distribution of power owned by board of directors is the key variable that guides the decision of enterprise’s strategic transformation.The directors whose power’ s type is different each other have the deferent behavior preference,therefore the effects of the distribution of a variety of managerial power in the board of directors on firm’s strategic transformation are different.The directors who own the structural and expert power principally exhibit political behavior,and the concentration of structural and expert power restrains the conflicts of political benefit,therefore promote the decision of enterprise’s strategic transformation;the directors who own the ownership and prestige power principally exhibit cooperating behavior,and the concentration of ownership and prestige power restrains the cooperating behavior among the directors,therefore prevents the enterprise’s strategic transformation.Furthermore,the owner of different types of power has the different preference on the mode of strategic transformation,to be specific,the owner of structural power has the preference on the "expanding local boundary",the owner of expert and ownership power has the preference on the "changing management system"and "extending the value chain",the owner of prestige power has the preference on the "entering the unrelated products marketing" and "changing management system".
出处
《山西财经大学学报》
CSSCI
北大核心
2013年第2期95-106,共12页
Journal of Shanxi University of Finance and Economics
基金
国家社会科学基金资助项目"企业战略转型模式与实施路径的匹配关系研究"(12CGL033)
教育部人文社会科学重点研究基地重大项目"企业战略转型中的公司治理问题研究"(11JJD630002)
国家自然科学基金重点项目"我国集团企业跨国治理与评价研究"(71132001)子课题"跨国并购与治理研究"
关键词
战略转型
职位性权力配置
知识性权力配置
股权性权力配置
威望性权力配置
strategic transformation
the distribution of structural power
the distribution of expert power
the distribution of ownership power
the distribution of prestige power