摘要
本文研究了家族企业代际传承对企业经营绩效的影响路径。基于2004—2015年间已完成代际传承的中国上市家族企业,本文从跨代转型创业视角考察代际传承对企业经营绩效的影响路径,并考察继承人社会资本的调节作用。研究发现:代际传承会导致企业经营绩效下降,跨代转型创业在上述过程中发挥中介作用。同时,继承人的社会资本会加强上述消极影响。跨代转型创业对企业经营绩效的消极影响会逐年减弱,且继承人的社会资本对此消极影响有削弱作用。
Based on the Chinese public family firms which have finished intergenerational succession, this paper explores the influence path of intergenerational succession in family businesses to operating performance from the perspective of trans-generational transformation, also investigates the moderating role of successors' social capital. By the results, firstly, intergenerational succession will lead to the decline in operating performance. Secondly, trans-generational transformation entrepreneurship plays a mediating role in the above process. Thirdly, successors' social capital can enhance the negative impact which intergenerational succession caused to the operating performance. Fourthly, the negative impact that trans-generational transformational entrepreneurship brings to the operating performance will be weakened year by year, what's more, successors' social capital can reduce this negative influence.
作者
孙秀峰
王雪梅
宋泉昆
SUN Xiu-feng;WANG Xue-mei;SONG Quan-kun(Faculty of Management and Economics, Dalian University of Technology)
出处
《经济理论与经济管理》
CSSCI
北大核心
2019年第4期98-112,共15页
Economic Theory and Business Management
基金
教育部人文社科规划基金项目(18YJA630101)
辽宁省经济社会发展研究课题(2019lslktyb-003)的资助
关键词
家族企业
代际传承
经营绩效
跨代转型创业
社会资本
family business
intergenerational succession
operating performance
trans-generational transformation entrepreneurship
social capital
