摘要
本文以我国153家创业板上市公司2010—2011年的年报数据为样本,研究创业板上市公司高层管理团队(TMT)的内部人口特征与外部激励特征对公司创新绩效的影响。结果表明:TMT专业背景异质性、年龄异质性及任期异质性显著促进企业创新技术绩效;TMT教育程度、专业背景异质性、任期异质性显著促进企业创新财务绩效;TMT教育程度异质性显著促进企业创新战略绩效;TMT年度薪酬对公司绩效影响极不显著;TMT股权比例对技术绩效及战略绩效显著抑制。
Based on the sample of bulletin data （2010 to 20l 1 ） of 153 listed companies on GEM in our country, this paper researches the influence of the internal and external characteristics of the top management teams （TMT） in the listed companies to the innovation performance of these companies. It turned out that professional background heterogeneity, age heterogeneity and term heterogeneity ob- viously improved the technical performance of enterprise innovation. Educational status of TMT, professional background heterogeneity, and office term heterogeneity obviously improved the financial performance of enterprise innovation. The educational heterogeneity of TMT obviously improved the strategy performance of enterprise innovation. TMT annual salary was not significant to influence the corpo- rate performance. However, TMT proportion restrained the technical performance and strategic performance.
出处
《中国科技论坛》
CSSCI
北大核心
2013年第6期143-150,共8页
Forum on Science and Technology in China
基金
江苏省教育厅社科基金(2012SJB630005
2012SJD880012)
连云港市软科学基金(RK1204)
连云港市社科基金(11LKT01)
关键词
创业板上市公司
高管团队
创新绩效
Listed companies on the GEM
TMT
Innovation performance
